Search found 57 matches

by JC565
Thu Jan 04, 2018 12:38 pm
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3913

Re: Edward Jones - help

Is this a Form 5304 SIMPLE IRA or a Form 5305 SIMPLE IRA? The rules are different for using other custodians. Regardless, I agree that you should contribute at least enough to get the full employer match beach year. I am not sure, it doesnt say anywhere on my statements, but Im 99% sure its a 5305....
by JC565
Thu Jan 04, 2018 12:30 pm
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3913

Re: Edward Jones - help

I didn't deal with any CSR's at VG - just downloaded forms to open a new SIMPLE plan, and in that form, there is an option that specifies the new account as being for transfers-only. Hold on - lemme see if I can get some thread links with more detail... Ah, here's a thread of mine confirming some d...
by JC565
Thu Jan 04, 2018 9:42 am
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3913

Re: Edward Jones - help

I would double-check the 2-year period, as I *think* that applies to xfer from SIMPLE to non-SIMPLE. We set up a "frozen" SIMPLE IRA at Vanguard for my spouse, which can *only* accept xfer from another simple. Her program gets the contributions, including match, and we just check the balance once a...
by JC565
Thu Jan 04, 2018 8:22 am
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3913

Re: Edward Jones - help

unfortunately if I did that, it would mean giving up a couple thousand dollars a year in employer match. I dont have enough investments yet to make the fees greater than that 2k so not smart at this point. now when i get to 175k.... then its time to start thinking about it. right now I am trying to ...
by JC565
Wed Jan 03, 2018 4:16 pm
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3913

Re: Edward Jones - help

1% is 1% and I HIGHLY disagree that in any scenario for any amount of money, it would not be worth it. Especially when the bulk of my net worth is sitting in vanguard funds with .05% fees I may not be on the level of some of you guys here, but I can do basic math. I can assure you if not for my "lit...
by JC565
Wed Jan 03, 2018 3:55 pm
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3913

Re: Edward Jones - help

The account is a simple IRA. As far as I know, there is a 2 year hold period. The company match is distributed once per year. (in the next couple weeks actually) I don't think I can transfer inside the 2 year window.... I also cant get ETFs until $5000. Ive only had the account open for a few months...
by JC565
Wed Jan 03, 2018 1:35 pm
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3913

Edward Jones - help

Does anyone know how to get from under the "Guided Solutions" thumb of Edward Jones. I call my broker because I want to change my investment strategy and its, you cant do this, you cant do that, the computer makes me select a balance, 2017 fiduciary rules, BLAH BLAH BLAH. I just want my money in a t...