The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: 403(b)7 custodial plan: am I stuck in it? Date:  12/20/1999  11:12 PM
Author:  peppermintpatty Number:  16676 of 88417

Jane -

The 10% transfer "allowance" may actually be available to you to transfer part of your balance anywhere, including using "Revenue Ruling 90-24" to make partial transfers to another 403b or 403b(7) account. The only sticking point may be your employment... are you still employed with the same school/non-profit where you began the annuity? That could restrict your options to another "like" account, rather than IRA, etc.

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