Issue with a rollover from a Merrill Lynch fund in a company 401k plan?
I have a friend who has a 401k plan with his company. He has invested in the merrill lynch retirement preservation trust fund. he has been told he cannot roll this fund over because of a bankruptcy. But he was able to roll over other funds that were ML related…Why would this fund be part of a court ordered hold? And why would he not be told upfront when this happened rather than when he was trying to roll it over?
BTW my friend was just told that he could not roll this fund over because of a court order on the ML fund due to a bankruptcy…evidently this fund is tied to a huge bankruptly proceeding involving a company that is about to default……Why would a judge hold this fund to where investors could not mover their investment out of it or notify the investors of this issue?
Spreading Your Risk In A Retirement Fund
Rex Truman is not retired but should be – instead he gives information at RetireWhenULike. com to help people save enough so they can enjoy retirement, ideally with an interesting job where they are in control.
Which mutual fund should I select for a Roth IRA?
I am currently debating between three mutual funds for a Roth IRA account. One fund has a roughly 200% turnover ratio (far greatest of the three), another pays many dividends, and the third has generally produced the best returns of the three over 3-, 5-, and 10-year periods. Which fund should I put into a Roth IRA in order to potentially maximize long-term returns on my investment?
I need some hlep in Choosing a mutual fund for my Roth IRA?
Currently I am invested in a target date mutual fund for my Roth IRA. My wife is now starting her Roth IRA. Is it a good idea for her to get another target date fund from a different company or should we diversify more and get either a large cap or mid cap driven fund?
Is it possible to convert an mutual fund I bought earlier this year into a roth ira?
The mutual fund is obviously after tax. I do not have a Roth IRA now but do qualify. This fund has a large turnover and would be a better choice in a Roth so I do not get hammered with capital gains taxes each year. thanks
Thinking about a Roth IRA and no load mutual fund?
Does it matter where I open either a Roth IRA or a no load mutual fund, or are all the banks (brink-and-mortar) the same? How much should I put into a no load mutual fund annually?
I think ING offers a Roth IRA option. While I don’t mind using their savings account feature, would it be wise to invest in an online Roth IRA? Are there any advantages?
If you feel you can shed light on either of my questions above, please do! Also, I’m 23, a year out of college, and I make about 36K annually, so any general saving for retirement advice would also be much appreciated. I’ve just about tucked away my 6-month cushion of living expenses into a savings account, so I’m looking to invest in my future now. Thank you!
How much does expense ratio effect mutual fund returns?for ROTH IRA?
I’m comparing funds with the following expense ratios:
1.20%
1.01%
0.18% (index fund)
how do i balance out the expense rations compared to the returns of these funds. How much better does the 1.20% fund need to preform to equal the 0.18 index fund.
This is for a Roth IRA account.
