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Author: rem50 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76398  
Subject: self directed retirement Date: 5/6/1999 8:12 PM
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I will retire 8/25/00 at 50, with lump sum pension $250000
and Employee Saving and Security of about 160000.
Some of that is pre-tax, some after tax. I've been to
American Express and Merrill Lynch seminars. They
seem about the same 1/2 to 1% of the total, plus fees
per yr.
What bothers me is that they take your money and buy
the Dow h/y 10. This is explained very well in the
MF methods.
Each year, they review the port, and rotate out the
weaklings and replace them with the new top 10, but
their commissions aren't 8 bucks.

I could do that through my online account, but the catch is that the proceeds from my Company must be
payable to a custodian of the rollover or all is
instantly tax liable.

Is there a way to set an account up that is self managed, to avoid the tax consequences??

Thanks Bob
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