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Author: jrr7 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75835  
Subject: Re: 403 distributions Date: 3/9/2002 3:55 PM
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Is this a 403(b)(7) which invests directly in mutual funds? I believe so, because you said "fund" and annuities are not allowed to have the same name as the similar mutual fund.

I'll assume so, which means those are fine low-cost funds, but both extremely aggressive. What is the purpose of your investment, what's your timeframe, etc. Do you know the level of risk that you're taking?

Unless there's a specific Fidelity fund that you want, it's probablyh better to stick with Vanguard or TIAA-CREF.

TIAA-CREF tends to be "nicer" than Vanguard, especially to educators, but their fees are slightly higher.

Fidenlity is a for-profit company and tends to be less "nice" and also has higher fees.
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