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Full Version: Where to get rollover IRA with funds I want?
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Zelly Miller
Where can I go to rollover my 401k into an IRA account with a company that offers the following no-load funds?

Vanguard 500 Index
Janus
Janus Worldwide
Fidelity Growth & Income

I was going to rollover with Cigna, where my 401k is currently held, but they don't offer the funds I'm interested in.

Can anyone give me a lead? I need to have the election paperwork into Cigna by Aug. 19.

Suggestions and advice highly appreciated.

Thanks!

--Zelly
John G
You have two problems with your plan. JAWWX and JANSX are both closed to new investors. You can only add $$ or start a new account if you can demonstrate you currently have assets in these funds at Janus.

Schwab covers three of your picks (problem above was noted at Schwab web site) and you can readily substitute the Schwab 1000 for Vanguard 500. While Vanguard is just a hair lower on expenses, but note Schwab cuts the gap in half if your investment is greater than 50k. Brokerages differ a little on what funds they will let you buy without charge. Charges to buy other funds range from inconsequential to just plain too high. Ask you custodian to explain.

Call Janus directly if you absolutely are fixed on investing in any of their funds. They can tell you which are open, and which brokerages have a relationship with them.

Since there are over 8,000 mutual funds, I would recommend that you spend your effort picking the new custodian and worry about your investment choices later. Etrade, Ameritrade, Schwab, etc. can hook you up to more mutual funds then you could ever review.
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