Have a question about your personal investments? No matter how simple or complex, you can ask it here.
- Posts: 116
- Joined: Mon May 07, 2012 2:03 am
My parents have a SEP IRA with Invesco and I would like to help then transfer it to Vanguard. Is this simple to do or even possible or are they locked in with the company the chose?
- Posts: 6516
- Joined: Wed Jul 01, 2009 5:35 pm
It's easy. Invesco might have some sort of exit fee but it shouldn't be too bad. Call Vanguard and ask them for help.
- Posts: 217
- Joined: Sat Mar 10, 2007 5:20 pm
- Location: California
Vanguard makes it very easy to do the transfer. Be sure you follow up after to see that it happened as you directed.