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Author: Dodgeball Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: DRIPS as Part of Retirement Plan? Date: 8/19/1999 12:27 AM
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Posted this on the DRIP board as well...

I am frustrated with the lack of choices offered by my school districts 403(b)7 plans and am wondering if a DRIP portfolio may be another viable option.

I understand the tax break of the 403(b)7, but I am curious what other Fools think of this idea. Comments and/or opinions please?

Thanks,
Dodgeball
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Author: buzman Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13276 of 76418
Subject: Re: DRIPS as Part of Retirement Plan? Date: 8/20/1999 8:42 AM
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,>> but I am curious what other Fools think of this idea. Comments and/or opinions please?<<
Good Morning Dodgeball

I share your frustration with the lack of choices in some formal retirement plans. The two plans available to my wife(previous job & present job) are the PITS.
DRIPS offer one tremendous flexibility in the options available plus if you had an emergency one could draw on the DRIP. However unless you set up an IRA, there are no tax advantages to using DRIPS, of course you probably knew about that.
Good Luck

buzman


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