<<Is it possible to get into an Index Fund through a 403B tax-deferred plan, and if it is, do you have any suggestions that I can discuss with my financial planner? I currently have 5 managed funds and would like to get into an index fund.>><<<Yes, it is. Check with your employer and see if one is available within the investment options available under your plan. If so, just move your money there. If it isn't, you have a little known option of moving your 403b money from the plan to a 403b(7) account with a mutual fund that accepts those accounts. Vanguard 500 is one that does, or so I'm told. It may be a hassle for you to get this done, but if you're persistent with your plan administrator, you can do it.>>>Just to make sure I understand, I'm going to restate what you just said... If my current (or soon to be!) employer does _not_ offer an index fund in its 403b plan, I can ask my employer to transfer my 403b account to another "managing company" like Vanguard that does have the index fund. Is that right? Are there any tax/accounting problems inherent with this? Eric
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra