Our company changed hands last fall and the new owner started retirement funds for us with John Hancock. The old owners had our retirement plans with American Funds and John Edwards. I know absolutely nothing about retirement plans. My question is- What should I do about the old plan with American Funds since money is no longer going into that plan? Edward Jones has been handling the account and they want to continue to do so but won't the fees eat away at my retirement since no new money is being contributed? I have no idea who to ask and get an honest opinion so please help me out Reddit!! Should I transfer all the money to John Hancock or leave it where it is? Should I continue to have Edward Jones manage the American Fund account? Thanks in advance for the advice!
Submitted May 13, 2017 at 11:00AM by Silvercelt http://ift.tt/2qefcOq
