Mutual Fund Exchange?

I have a 401k with Fidelity. In that 401k I have 5 different funds. If I wanted to exchange money from one fund to another in that same 401k, would I have to pay any kind of tax? Any tax gurus on here?

 

If you are not withdrawing any you should be fine, there maybe a restriction placed on you to not be able to buy back into that particular fund for a certain time frame

I am no tax expert though

 

As long as the money stays within the 401k there are no taxes. You can trade up investments within it.

 

Like said above, no tax if you're not pulling.

 

no tax, if u call Fidelity they have very good customer service with any concerns about changing your elections funds

 

Yea, I just do it on line. I really like Fidelity and there website. It makes everything pretty easy.

 

I think Fidelity has a pretty good online chat feature that can get someone to answer your questions.

 

Just a note, when you exchange funds it may generate an audit. Although it's not considered a taxable event. BTDT twice with the IRS....