Greetings, Brucej616, and welcome. You asked:<<My public employer allows me to make 403(b)contributions to only one provider, and that provider must guarantee that I will not contribute beyond the allowable yearly amount. Only large insurance companies seem willing to make this guarantee so I'm stuck with few options and generally poor returns. With retirement only a few years away I would like to put my 403(b)investment with another company until I'm 59.5 or older. What companies would anyone recommend? Where can I look for information on 403(b)rollovers? >>That depends on whether or not your employer is making matching contributions to the 403b on your behalf or not. If so, you must stay with your current provider until you retire or otherwise leave that job. If not, then you should be able to move those funds to a mutual fund company that accepts what are called 403b(7) accounts. That gives you a much wider selection of investments. Both Vanguard and Fidelity do accept such transfers. Be aware that if you can do this and if you are in an annuity product now, then you will be required to surrender that annuity prior to transfer. The current provider may charge you some hefty fees for doing so. Additionally, your employer does not have to agree to send future contributions to the 403b(7) provider. That would mean you must do so, and you must also keep track of those contributions to ensure you do not exceed the lesser of 20% of your pay or $10K per year.You should check with your human resources/benefits folks to see if a 403b(7) option is available to you and what's involved should you elect to undertake such a transfer of funds.Regards..Pixy
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