Consider selling this expensive fund. At the least turn OFF all automatic dividend reinvestment. And if you're actually holding this at Thrivent consider moving to a different brokerage.Taxable
14.33% Thrivent Large Cap Growth Fund - S (THLCX) (0.76%)
This is a Roth 401k. It has nothing to do with an IRA.His 401k Roth IRA at Fulton Financial
Again, this is just a 401k.Her 401k Traditional IRA at American Century
The best options are:Funds available in his 401(k)
- Vanguard 500 Index Fund (VFIAX) (0.04%) -- US large caps, 85% of US stocks
- Vanguard Total Intl. Stock Index Fund (VTIAX) (0.12%) -- Complete international stocks
- Vanguard Total Bond Market Index Fund (VBTLX) (0.05%) -- US bonds
If her only 401k options are American Century funds and your AA is 100% US stocks then (BEQGX) American Century Equity Growth Fund Investor Class (0.66%) is not an unreasonable choice. It's not great, but nothing is.Funds available in her 401(k)
The American Century website is not good, but from what I can tell, we can invest in any American Century fund.
If her 401k has ETF options she could consider (QGRO) US. Quality Growth ETF (0.29%).
On the American Century website choose the appropriate "Share Class", then under "Filters" choose "Mutual Fund" (or "ETF") / "Stock" and click "Apply". On the list under "Expense Ratio" click on "Gross". Put the lowest expense ratios at the top. Lowest in this case was 0.66%.Her 401(k) target date fund at American Century with the 0.96% expense ratio seems very expensive to me. Can anyone point me towards a fund (or tool to find a fund) at American Century that has a more reasonable expense ratio?
Statistics: Posted by Duckie — Sun Sep 29, 2024 7:13 pm — Replies 2 — Views 96
