UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76419  
Subject: Re: 403(b) options? Date: 4/18/2001 1:38 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
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.

Regards..Pixy
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement