Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: johannesw77 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25240  
Subject: Re: Advise on pulling out of a weak 403B Date: 1/16/2003 11:16 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I talked to my wife's financial planner yesterday and got details of this fund. The expense ratio is 1.55%. That seems way too high and I think it's best to stop funding this 403b and starting another one or a Roth IRA with a no load index fund. He did say if she wanted to start her own 403b, it is possible, we just need to talk to her payroll.

So let's say we start her a new 403b, can I roll this old 403b into it? If so, besides the deferred load charge, what other fees or taxes will I incur? Would it be wise just to let this old one sit there instead? Thanks for everyone's help btw.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Berkshire Hathaway

Starting a Small Business
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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