Hey guys. I wanna move my money out of Edward Jones ASAP and over to Vanguard.
I am wondering what type of account to open. I see links for "open a brokerage account online" but is a brokerage account what I want ? Are there certain ones that are more simple, cheaper? there are also options for "open an IRA" but I already have an IRA, so can a brokerage account accept transfer of my existing IRA? (sorry, my terminology is terrible)
Also, I already have an employer sponsored Vanguard 403(b) plan. Will these 2 plans be linked? The reason I ask is that the total value of both plans combined puts me up into the 2nd fee tier where I pay lower fees, but only if the 2 accounts are linked do I go over the top.
Also, any general things I should know about closing at EJ? Are there any tips to avoid the closing fees of $95 per account? Will there be any other hidden fees I am hit with (such as back end commissions or something?)