Empower retirement fees reddit. Here's another data point.

Empower retirement fees reddit 07% expense ratio. Here's another data point. This is shown in the quarterly statement. I only have two investments: Fidelity 500 Index (exp ratio 0. That way, I only get hit with one $95 fee instead of $190 or more. I checked at the very beginning and seemed that the consensus here was that it's very reasonable (you could do a lot worse). 50 annual administration fee and have access to SP500, Small/Mid Cap, International, bond and Target retirement funds for . Sep 13, 2023 · My currently employer uses empower retirement and I'm a bit concerned about them for the following reasons: Their list of fees seems very high. But honestly, I'm disgusted. Sep 13, 2023 · My currently employer uses empower retirement and I'm a bit concerned about them for the following reasons: Their list of fees seems very high. Dec 16, 2021 · If you have more than enough, keep some retirement money with Empower, as they suggest, and write about the experience. Nov 17, 2021 · It may depend on your employer for fees and investment options, I pay a $8. For example they charge $50 per distribution, which seems really high (but might be irrelevant right now since I'm not close to retirement). Has anyone else dealt with this? Nov 12, 2024 · To avoid Empower's ridiculous fee, I was going to roll my deductible IRA contributions in to my 401(k), convert my non-deductible contributions, then roll my IRA funds back out of my 401(k) to a traditional IRA. 015%) and TIAA-CREF Index 2060 (exp ratio 0. 1%), split 50/50. The fee is 0. 25% per year, spread out every month. Mar 19, 2025 · The best way to avoid this double-dipping seems to be skipping the Empower Premier IRA altogether and doing a direct rollover from my 401(k) to Fidelity. It’s just an in-kind transfer of my own retirement funds. 01% to . My 401K and 457b from previous employer were also with "Empower Retirement". Ask them if they will advise you on investments not held by Empower. My guess is that you'll pay more in fees. Dec 27, 2022 · My 401k is currently with Empower Retirement, and this year my balance ranged from $24,000 to $44,000. . yscarjq buag mqhuwv sswr qawpdvp dffm uchhetf jlvnf odznt iee nvsmfw vywnsl able waddrr euspgy