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Whether the funds would be removed wasn't explicitly clear, but in a roundabout way, you brought up a good point. 401k's typically have a select 20-40 funds yo
by froindt 8y ago
Whether the funds would be removed wasn't explicitly clear, but in a roundabout way, you brought up a good point. 401k's typically have a select 20-40 funds you can choose from, and this won't necessarily be available to GP.
That being said, I haven't had a 401k with Fidelity in 3 years and don't recall if I had access to "everything" or if the fund choices are limited.
- WorldMaker 8y agoI know Fidelity has limited Vanguard options in the past in its 401k and IRA funds options, presumably for control/competition reasons. I'm definitely curious how well Fidelity will promote its own index funds over actively managed ones, given they are still competing on active fees versus passive, but now just with themselves. I am planning to take a look at my own Fidelity accounts this weekend and see if they've surfaced these index funds well. It seemed encouraging from the email this morning.