No. of Recommendations: 2
403 b plans often are limited to annuities. These annuities often have horrendous surrender charges.

See if your plan allows for transfers from it to an IRA. Put your 403b contribution into a MMF (no surrender charge) then periodically transfer part of the MMF to an IRA.

Some plans allow this, some don't. See if the planner knows about this.

Buz Livingston
Registered Investment Advisor
Fee-Only Financial Planner
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