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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 78705  
Subject: Re: 403(b) options? Date: 4/18/2001 1:38 PM
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Greetings, Sydnky, and welcome. You asked:

I have a 403(b) (not IRA) with a former employer that is just sitting there (heavy in tech funds, lost a lot) and am wondering what my options are, if any, to rolling it into something else or transferring it to another account. I am coming up on my one year anniversary at a new job and will start the 401k thing...is that an option to roll into or not? Or should I just leave it where it is and forget about it?

Because that 403b is with a former employer, you probably can move it to an IRA where you will have greater freedom to select the investments you wish to use. You plan administrator can tell you for certain whether that is an option. In most 403b plans of former employers it is, but not in all plans.

A 401k plan will not accept money that comes from a 403b plan or vice versa. Therefore, that is not an option for you.

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