No. of Recommendations: 0
Greetings, BBuckner, and welcome. You asked:

<<Does anyone know of a broker that will accept my 457 retirement funds. I retire in January and would like to transfer the money to a broker who would be happy to just profit from my trades rather than pay a company almost one percent per year for every dollar in the fund.>>

When you take the money from your 457 plan, it is taxable in full at that time. It cannot be transferred to an IRA because it is not considered a tax-qualified plan for such treatment. Be aware of that issue when you retire. As to a broker, any will accept the proceeds in a taxable account. Just contact one of your choice, and that agency will be happy to tell you how to get the funds to that agency.

Regards..Pixy
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.