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Personal Investments • Fidelity Funds - Class K??

I've bee doing a lot of reading here at BH, some really amazing advice.
Here's a question I have about a year ago I moved all my Fidelity Investments that were in a 403B account into one
mutual fund,to simplify that portfolio, the fund I chose was FSNQX - Fidelity Freedom 2030 Class K. Apparently Class K option is only available for certain retirement accounts.
Now doing all the reading here maybe I should move to an Index based target fund like the FXIFX - Fidelity Freedom Index 2030 Fund instead, but
what exact advantage does a Class K designation give me with the FSNQX? Sorry since this really has me confused Image may be NSFW.
Clik here to view.
:oops:

but still learning a lot here, and appreciate all the help.
Is the money still in the 403b plan?

Or did you move it to an IRA of some kind?

Do you still work for the employer that offers (or offered) the 403b plan?

Regards,
I'm about to retire, in a couple weeks, yes the money is still in this 403B plan. I'm in the process of consolidation.
It looks like going with the Index class of this fund or similar is the way too go.
I think using the index version of the 2030 fund is a good idea.

Since you're about to retire that may involve moving the 403b money to an IRA, unless the 403b plan also offers the INDEX version of the fund.

Happy retirement! Image may be NSFW.
Clik here to view.
:happy


Regards,
Good question if the Index version is available too me in the plan, I know when I moved to the FSNQX - Fidelity Freedom 2030 Class K was presented, but I wasn't doing the educated decisions I'm trying too do now. I do have other IRA moneys that I'm planning to move over so
looking forward too what those will being invested in. All a little overwhelming too me at this point one move at a time.

Statistics: Posted by Quintock — Thu Sep 26, 2024 6:36 pm — Replies 9 — Views 292



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