Does anyone know if the Fidelity fees are comparable to the very low fees we've been getting with Voya? Honeywell is able to offer very low fee accounts due to volume and narrow investment selection. Are they taking this benefit away also?
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as mentioned earlier there are Fidelity fees for Hon Distribution Dividend paid-out, but not for re-investment. Fidelity withdraw fees are 25 while Voya is 20. Expedited check is 25 for Fidelity while 20 with Voya. The QDRO fees appear to be the same.
I moved all of my 401K and pension to Fidelity. i am very pleased with want they have done with my assets. they will help make the transfers very easy. What is nice is you have an consultant with who you deal with.
Before HON acquired the company I worked for, our 401K was through Fidelity. They always did a great job with very low fees, so much so that when it came time for HON to take over my 401K and manage it through Voya, I quickly rolled it to an IRA with Fidelty. And very glad I did. I am now retired ( lucky as anything to be out of Honeyhell) and also lucky enough to have a pension thanks primarily to my previous company prior to the HON acquisition. So now that will be handled though Fidelity, which delights me. I don't think you have anything to worry about.
You can buy ANYTHING through Fidelity which includes ETF's if that's your thing. They also have a huge selection of mutual funds if that's your thing.
I can't imagine there is that significant of a difference from what Voya's management fees are vs the low fee ETF's available to everyone.
Where can you find the asset based fee schedule for the new Honeywell 401K plan?
...or no fee to have it reinvested in stock
something i read in the mailer is they will charge $3 for electronic deposit of Hon stock dividend and $6 for cheque mailed to you.
should be the same
Do you think ANY change the mothership makes benefits anyone other than THEM?! Hello!
I am retired and was wondering the same thing. The fees look about the same. I have heard bad things about Fidelity’s customer service.