And they have been signaling this for many years. When I rolled over my 401(k) in 2012?? it was not possible to open a new account on the legacy platform....and it's not "hostile".
OP, Look at the new features you will get instead of what you think are negative draw-backs.
New features I've seen:
* can hold more kinds of assets
* more ways to query your accounts (takes a while to get the hang of it, though)
* at least 20 years of past history can be seen
* can set more things on "automatic" (taking RMDs, pulling/pushing money from an outside account on a regular basis)
* if over 70.5, you can enter data for a QCD and the check will be mailed to you without you needing to call in
* I don't have any employer plans but I think they can now show up as part of your portfolio
Statistics: Posted by jebmke — Sun Jun 16, 2024 6:41 am