No. of Recommendations: 0

I'm a newbie, have read books and studied several web sites, and now that I have joined the foolish boards, have a couple of questions as I approach retirement(1 year and counting). The 403(b) plans at both my former and current institution are invested in mutual funds, so I assume these are 403(b)7 plans? I also have a traditional IRA invested in a single mutual fund. Also, I have a tax-deferred variable annuity, also invested in mutuals ( & have held past the penalty withdrawal phase) where I was advised to park a small inheritance.

I am starting to feel more confident about investing foolishly, as well as having more time to spend on managing my own finances. If there is a post which covers this main question, please refer me: since I am not concerned about a enrolling in yet another 403(b) or other retirement plan, can I create a direct transfer of these 3 classes of assets [403(b)7, IRA, tax deferred variable annuity into a single self managed account at a brokerage? Secondly, is there an article or post comparing the fee structure of the various brokerages/mutual funds for these types of services? So far I have been requesting materials from each prospective agent & it's been tedious (but perhaps necessary?).

Thanks in advance, Starryskies
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.