Roth Situation, TMAAX

[Cromacster]

Currently, most of my Roth IRA is invested in TMAAX.  It is here because my mother used to work for this financial institution and I had the front load waived.  Now that I am learning more about investing. I realize this isn't a great fund, largely due to the expenses, especially since my mother is not employed here and the front load is back.

I recently opened a Roth with Vanguard, and I am now funding that.

My question:  Should I rollover the entire amount from my old account or should I leave it there?

Any advice is appreciated.

[cowstash]

As always, it would depend on the particulars and do your research, but there's likely a much lower-cost version of a similar mutual fund at Vanguard -- there's no point in paying higher fees than needed, especially if you can take your money elsewhere with no penalty.

[Another Reader]

That's a really bad fund.  It's a fund of funds so there are multiple layers of expenses.  It also owns futures.  The customer service folks at Vanguard can roll it over for you.  I would stop all contributions now and call Vanguard today.