The Money Mustache Community

Learning, Sharing, and Teaching => Investor Alley => Topic started by: Tim1965 on March 27, 2017, 10:36:28 AM

Title: Anyone have an experience with TransAmerica?
Post by: Tim1965 on March 27, 2017, 10:36:28 AM

My wife, who works in academia, just learned that her college is switching its 403b's over to TransAmerica (she'd previously had the choice of Fidelity or TIAA-CREF.

I've barely heard anything about TransAmerica. Anybody out there know anything, good or bad?

(One note: I have not seen the fund choices yet--they're supposed to release those soon. I'm just asking generally.)

Thanks!

Title: Re: Anyone have an experience with TransAmerica?
Post by: Joel on March 27, 2017, 11:33:10 AM

My company has transamerica for its 401k. The fund choices are fine. Relatively low fee index funds are available, but we are also hit with a 0.25% service fee on top of the management expense ratio that wasn't completely obvious until after I had rolled my old 401k over...

Title: Re: Anyone have an experience with TransAmerica?
Post by: Heroes821 on March 29, 2017, 07:47:51 AM

My previous employer used TA and they weren't bad. Their website was kinda rough and I could never see an easy way to follow dividend payouts but the choices my company had were about 25% vanguard funds which was nice.  Also when I rolled everything over to IRAs at vanguard it was a very smooth process.

Title: Re: Anyone have an experience with TransAmerica?
Post by: Tim1965 on March 29, 2017, 09:53:30 AM

Okay, thanks for the feedback, this helps.