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Subject:  Re: 403B Fees Date:  12/9/1998  12:13 PM
Author:  Cody Number:  7121 of 88807

Several years ago I set up a 403b TSA annuity account through an insurance company. From what I have been reading lately on this board is that TSA accounts are a horrible investment and it would be worth it to pay the 5% penalty to cancel the contract with the insurance company. If I do this, will I have to pay any taxes or can I roll it over into a new 403b plan? Can I now go directly to a Mutual Fund company and set up a 403b account? If so, which Mutual Fund companies offer 403b accounts? I am not sure I asked the right questions, but I guess I want to know my options after I cancel the contract.


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