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I’m Being Charged $255 Just to Move My 401(k) to Fidelity—Is This Normal?

Summary by 247wallst.com
Brokerage firms charge various fees, and one of the common costs is an account transfer fee. Many companies charge to transfer a 401(k) plan from one firm to another.  A Redditor came across this reality when planning to move a 401(k) to an Empower Premier IRA and then roll it into Fidelity. The individual posted in the Personal Finance subreddit about the fees and listed each of them. These were the fees: A $95 termination/transfer fee to move…

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watcher.guru broke the news in on Wednesday, April 2, 2025.
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