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The discussion about 403(b)7s was very interesting. I have a payroll reduction account with TIAA-CREF and their annuities that must be a 403(b), although I haven't ever heard them called a 403(b). I would like to have the option to move to a mutual fund company (I'd like to put it into stocks, but I know that's not allowed.) for better returns and control over my money. I'd rather not mess around with an annuity.

Am I nuts? Everyone seems to think TIAA-CREF is great, but if the annuities are the only option, wouldn't it be better to go to a regular mutual fund that gets the same returns with the same or possibly lower fees?

The information at Vanguard about their 403(b)7, said that the employer needs to sign a form. Is that the fund company's form or an IRS form?

Lastly, Vanguard said that they have a $10/year per fund fee. Other than that they have low expenses. Taking that $10 per fund into account, does that make other companies more competative with expenses?

Thanks for the help.
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