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Author: EMulkay Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Re: Mutualfunds Date: 2/10/1998 9:16 AM
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<<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
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