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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76398  
Subject: Re: 403b help Date: 6/16/1998 7:31 PM
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Greetings, SteveWarke1, and welcome.

<<We have a 403b plan with Fidelity funds......is it possible to take out the majority (rollover)of money in their funds and put it into a better performing mutual fund family while keeping the Fidelity plan alive with future contributions?>>

Yes. If you're an active participant in a 403b plan, you may arrange for a transfer of funds within that plan to another custodian in something called a 403b(7) account. You can set that up with a broker or fund of your choice that handles such accounts. You are still restricted to annuity and/or mutual fund investments, though. Your future contributions may continue going to Fidelity after the transfer. Decide where you want thefunds to go, call the broker or fund to set up the account, and follow their instructions for transfer.


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