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Subject:  Is quitting only way to get 403/401k into stocks Date:  4/14/1998  5:03 PM
Author:  sibelius Number:  2818 of 78168

My wife has a 403(b) plan at work, and her company is considering switching to a 401(k). In either of these plans she has the benefits of having contributions which are pretax combined with tax deferred gains.
My problem is that I would like to be able to invest this money in individual stocks at a deep discount brokerage. Since she is under 30, my guess is that the only way she can do this is to jump from job to job, which would allow her to perform rollovers into an IRA. Is there an easier way to get the benefit of higher returns from individual stocks, and the tax benefits of a 403(b)/401(k)?

Please assume we both are maxing out our Roth IRA's and I am maxing out my pension at work. Please correct any of my following assumptions:

*403(b)'s, custodual 403(b)(7)'s or brokerage 403(b)'s , & 401(k)'s allow investments in annuities and mutual funds only.

*Even if your Plan Administrator or Employer is flexible enough to let you perform a transfer out of a 403(b) or 401(k) your new account will be in one of the 3 categories above and will still be limited to annuities and mutual funds.

*An IRA is the only option that will allow me to invest in individual stocks, and there are only 4 ways to get her money into a