The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Funds available in 457 plan...||Date: 6/29/2001 5:18 PM|
|Author: headaix||Number: 30504 of 75828|
When I originally setup my 457 plan, I chose Fidelity Investments as the trustee. I checked into the 3 or 4 funds available to me and the one which looked best for long-term at the time was their Blue Chip fund.
Well, since then, I have learned much and am interested in moving it into a less-managed fund... an indexed fund of some ilk. Problem is of the 3 or 4 funds offered, not-a-one is an index.
Given that in the year I've had the plan, it's lost about 15% of its value, do you think it best I leave it be until "Blue Chips" rebound, or look into the other companies (TIAA-CREF among them) and see what's available?
I'll look it up tonight - but would anyone have a general answer to this question... Am I locked into Fidelity and specifically, this fund, until my company's next "open-enrollment" period?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|