UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: JOPICASO Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: 403b Date: 2/3/1999 6:53 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Very eager to save money my first yaer as a teacher , I started a tax deffered annuity. After 1.5 years i decided to buy a home. All my cash was tied up in this shelter, so against better judgement, I broke it and used the money for the closing. I paid 20% fine to the irs and another 10% for a penility. I was only allowed to take the principal out, so the interest 1,500 is still growing and reinvesting and buying more shares of the 4 funds i have allocated. I have a chance to start the 403b again this march. My question to the wise is should i stay with the same vendor (fidelity) or start another one with a better company? Also sould I leave the money with fidelity and forget about it and wait until i;m 59. any projections as to how much money that would be worth then, I'm 32 now. Thanks again for ALL the advice. jofool
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
TMFDeej's CAPS Blog

Activist Investors Unlocking Value at LSB Industries?
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