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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75626  
Subject: Re: 403b rollover into IRA. Date: 5/7/2014 12:49 AM
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The early termination fee makes it sound as if you are in an annuity. Many of those have fees for early termination.

First step is to learn when the early termination fee expires. Often it will be something like 4 to 7 years. If its all the way to retirement, that is a different situation.

25 to 30 investments to choose from is quite a few. Often they are investment funds very much like mutual funds. I would suggest comparing performance history with the S&P 500 to see if any of them match or exceed performance. If you find some good performers, investing your funds there until the termination fee expires could be cost effective.

You decision should depend on what you earn in your existing account vs what you can earn in say individual stocks. Try your stock picking in a CAPs portfolio to see how you do picking stocks. If you have a positive score that indicates you are beating the S&P 500. But you are better off to keep your funds in mutual funds and let the pros pick the stocks for you until you are confident you can beat the indexes.
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