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We have a 403(b) plan at the juniour college where I work, but there are only a limited amount of companies (11 or 12) to choose from.

As I understand it, the 403(b)(7) section allows you to go out of the employer-offered plans and strike out on your own, even to the point of investing in individual stock if you wish. However, I'm having trouble finding ful information on doing this and I need it to convince my benefits coordinator (who hasn't heard of this optin at all) to let me do it.

Is it something I can set up between myself and a company? Where can I find more information that will convince my employer that I can do this?
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