Hello felllow MMMs,
I have several TRow Price mutual funds (Balanced, Capital Appreciation, Health sciences, Science & Tech) that I started contributing to many years ago before I discovered Vanguard & index funds. Some are in an IRA and others in a taxable account.
For the IRA the issue is higher fees. For the taxable account ones, I get hit with capital gains and dividends every year + the fees vs. typical index funds.
Questions:
1) For the IRA, based on what I’ve read, it looks there will be no tax impact if I sell those and just rollover IRA to Vanguard - is my understanding correct on this?
2) For the taxable account, even with the COVID declines, it shows unrealized gains of roughly $5K for two funds and $24K and $35K for the other two. Should I bite the bullet, pay capital gains on the first two and move those over so I can stop paying the 0.7% fee or just leave everything alone?
Any other suggestions/ideas?
Thanks!