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<<One thing about 403b's - they cannot by law invest in individual stocks, only in mutual funds and/or annuities>>>

I have an employer 403b (non profit hospital) with very limited mutual fund choices. I am transferring money from my employer 403b to a Schwab Personal Choice Retirement Account.

They offer many more mutual fund options. However, I'd really like to self direct this account and invest in individual stocks.

My Question: is it true that one cannot invest 403b money in individual stocks as stated above?

this is news to me....


tie dye tri guy
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