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Subject:  457 /self directed investments Date:  1/30/2004  7:18 PM
Author:  sierrasprings Number:  38848 of 90115

My employer provides the opportunity to put money in a 457 plan - no matching. The employer however requires that this be done thru one provider. That provider offers a range of investment options in different categories (small /med/large cap / aggressive/ fixed etc) however they only offer one index fund - a Barclay fund - Ive forgotten the precise name. They also offer the opportunity for self directed 457 investments - I have written to inquire about what options I have in that regard, details, how it works, etc but no response- and I cannot find any useful info re this on the providers web site. Once when I raised this at a meeting at work, the provider rep discouraged this option - seemed to not want to even discuss it. Does anyone know how this works - could I, for example, invest in any index fund or combination of funds I want ? disadvantages ?
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