I am in the process of rolling over IRA assets from Merrill Lynch to Vanguard (yay! dumping the high fee advisor!). I successfully initiated the transfer of assets (in kind), and now the Vanguard IRA has a mishmash of funds - 2 mutual funds and 19 ETF's.
If I want to get everything in this IRA into VTSAX / VGTSX / VBTLX, how do I do that?
Do I sell the mutual funds / ETFs and settle them to the Money Market fund, and then buy the funds I want? Are there any tax repercussions of doing it this way? If yes, is there another way I should do this?
Thanks for the help!