The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: 403b Accounts: worth it? Date:  1/22/1998  9:38 PM
Author:  GEMacLaren Number:  1427 of 88498

Dear Wit,
I think your question can't be answered unless the type of custodian is known.
If the custodian is TIAA-CREF or Vangurad or TR Price or a a few others, my answer would be to leave the money in the 403b and go with the 'no-load' stock fund.
But, if the custodian is an insurance company (read the fine print), I would not believe their use of the term "no-load" unless I did some real digging into your plan description.
All of the 403b plans I've investigated are RIP OFFS if they are offfered by General American, VALIC, etc.
An excellent by Andrea Rock in a recent (December, I thin) Money magazine tells why.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us