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Charlotte,
If you and your husband are retired, DO NOT TRANSFER YOUR 403bs to TIAA CERF. It is better for you to roll them over to an IRA by a trustee to trustee transfer. You can then invest in any stock, mutual fund, bond, etc that your IRA trustee will allow. Be sure you select an IRA trustee that will allow all of these options. If you transfer to TIAA CERF you will be limited to there investment options and be controlled by their rules for withdrawal. Also, be sure that your trustee will allow you to use all possible ways of determining your joint life expectancies, joint/term certain, joint/recalculate, and most important, joint/hybrid methods. When you reach 70.5 you are required by law to take minimum required distributions from all of your tax-deferred accounts.
glenn
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