[Hidden-tech] Personal 401k plans

[Jan Werner]

A 401K has the advantage of allowing you a larger deduction IF you have 
enough income to take advantage of that, but also costs more to manage. 
If you are not putting away more each year than allowed for the maximum 
IRA deduction, the IRA is the better choice.

I had both Keogh and IRA accounts in various institutions that migrated 
to Vanguard over several years, for various reasons, and in every case, 
I found Vanguard to the better experience.  They have low fees and also 
provide excellent support services for individual investors.  You can 
freely move your money between an extremely wide variety of funds, so 
you can allocate your portfolio as you want without additional costs.

Jan Werner
____________

Don Lesser wrote:
>     ** Be sure to fill out the survey/skills inventory in the member's area.
>     ** If you did, we all thank you.
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>
> Hi Andy. We use a SIMPLE IRA through Vanguard. Vanguard has pretty low rates
> and its funds seem to rank well. They have twice closed a fund just as I was
> about to invest in it, which is no doubt a coincidence, but is the only
> thing about which I object to working with them. The equation of fees vs
> return can get complicated though for a programmer or Excel user, it might
> prove an interesting task. If you have a significant chunk of money to work
> with, a fee-only planner might prove useful. We have done programming work
> for Eva Thomson of Thomson Financial Management and she is one of the few
> planners we're worked for in the past 20 years that has impressed me.
>
> You could probably do a quick and dirty comparison of T. Rowe Price and
> Vanguard in short order to see how they would stack up. My guess is that you
> can shave some fees and get a higher return, but is it worth the time and
> trouble if you're not interested in investing for its own sake?
>
> Don Lesser
> Pioneer Training, Inc.
> 139B Damon Road, Ste 8
> Northampton, MA 01060
> (413) 387-1040
> (413) 586-0545 (fax)
> dlesser at ptraining.com
> www.ptraining.com
>
>
> -----Original Message-----
> From: hidden-discuss-bounces at lists.hidden-tech.net
> [mailto:hidden-discuss-bounces at lists.hidden-tech.net] On Behalf Of Andy
> Klapper
> Sent: Tuesday, May 28, 2013 8:39 AM
> To: hidden-discuss at lists.hidden-tech.net
> Subject: [Hidden-tech] Personal 401k plans
>
>     ** Be sure to fill out the survey/skills inventory in the member's area.
>     ** If you did, we all thank you.
>
>
>
>
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