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yanfan

Help Needed....another Question On Vendors

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Evening all,

 

In the event that our district does not sign Vanguard's or Fidelity's ISA what's the next best option? Does anyone have opinions on TIAA-CREF mutual funds, not annuities. Would that be the next best alternative if Vanguard and Fidelity are out? Is CREF a better option than a vendor that sells mutual funds which have higher fees (front end or back end loads)? Lincoln Investments is one option currently on our list but even the cheapest funds are around 1.00%. It's hard to stomach that when compared to Vanguard.

 

Are the only true no-load options, Vanguard, Fidelity and T. Rowe Price? If we are left with insurance companies or high fee funds from a third party I may just stick with taxable investments and forego the tax shelter.

 

Thanks for the input.

John

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Evening all,

 

In the event that our district does not sign Vanguard's or Fidelity's ISA what's the next best option? Does anyone have opinions on TIAA-CREF mutual funds, not annuities. Would that be the next best alternative if Vanguard and Fidelity are out? Is CREF a better option than a vendor that sells mutual funds which have higher fees (front end or back end loads)? Lincoln Investments is one option currently on our list but even the cheapest funds are around 1.00%. It's hard to stomach that when compared to Vanguard.

 

Are the only true no-load options, Vanguard, Fidelity and T. Rowe Price? If we are left with insurance companies or high fee funds from a third party I may just stick with taxable investments and forego the tax shelter.

 

Thanks for the input.

John

 

 

 

John --

 

Sorry about that last "un-post". I am not computerically gifted; in fact, earlier in the week I crashed the ATM at our credit union, embarrassingly enough.

 

Anyway, TIAA-CREF is generally considered a very nice alternative. UNLESS it's offered in a situation where the TPA or sales organization charges a fee on top of the fees inherent in the mutual funds.

 

JudyS

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My understanding is that it depends on the size, if its not big enough you would have to sign there agreement, if they allow you to use them as a vendor.

 

ScottyD

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