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Learning, Sharing, and Teaching => Investor Alley => Topic started by: msbutterbean on January 03, 2019, 01:10:13 PM

Title: making sure I understand vanguard fees
Post by: msbutterbean on January 03, 2019, 01:10:13 PM

I believe this is a simple yes or not question, but I want to make sure I'm not misunderstanding what I'm reading as I compare my company 401K plan to the Vanguard IRA option.

Assets in my company's plan incur the fund expense as well as an administrative fee. A Vanguard IRA only has the expense ratio? And no administrative fee? (I guess that's two questions.) They've waived the stated $20 per year account fee because I signed up online and am using all electronic notifications.

Title: Re: making sure I understand vanguard fees
Post by: frugalnacho on January 03, 2019, 01:39:28 PM

Quote from: msbutterbean on January 03, 2019, 01:10:13 PM

I believe this is a simple yes or not question, but I want to make sure I'm not misunderstanding what I'm reading as I compare my company 401K plan to the Vanguard IRA option.

Assets in my company's plan incur the fund expense as well as an administrative fee. A Vanguard IRA only has the expense ratio? And no administrative fee? (I guess that's two questions.) They've waived the stated $20 per year account fee because I signed up online and am using all electronic notifications.

Correct.