UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: kismer Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75378  
Subject: 403-B's and my options Date: 9/10/1999 12:57 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
My wife works for a health coop. We are considering participating in their qualified plan (403-B). However the representative of the insurance company that administers these plans has represented to my wife and me that an annuity is the only option. The rep avoids answering our questions regarding alternatives to annuities and I have communicated that we don't need or want an anniuty. From this I have 2 questions for the fool who might know:
1. Is it common for qualified plans to offer only annuities as the investment vehicle?
2. If an annuity is our only option here, do the tax advantages offered by the 403-B out-weigh the additional costs and potentially "restricted" returns offered by the mutual fund subaccounts offered through the annuity?
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Berkshire Hathaway

Is the Market Overvalued?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement