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Hello fellow Foolers...

(this was posted earlier on the 401k and teacher boards.. sorry if you have already seen it.)

after a decade in grad school and postdocs, I finally found my way to a college that offers 403b's for post-docs... I jumped at it... before i found the foolish way...

so since starting 2 years ago, I have been putting 300/month pre-tax (with my wife, our current tax rates are 36%) into a TIAA-CREF supplemental retirement
annuity. The fees are very low (approx 0.3%), and the money is in sub accounts tied to the market index.

but it is still an annuity with its payout options.

Thus the dilemma... do I
1) stay the course,
2) stop adding additional funds, but leave what i have until i move to a position
where there is a 403b with direct mutual fund (indexed of course) options,
3) cash out, subject to withholdings and the 10% penalty...?



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