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Subject:  Re: Funds available in 457 plan... Date:  6/29/2001  11:22 PM
Author:  Charlie48K Number:  30513 of 98833

When I originally setup my 457 plan, I chose Fidelity Investments as the trustee. I checked into the 3 or 4 funds available to me and the one which looked best for long-term at the time was their Blue Chip fund.

Well, since then, I have learned much and am interested in moving it into a less-managed fund... an indexed fund of some ilk. Problem is of the 3 or 4 funds offered, not-a-one is an index.

Given that in the year I've had the plan, it's lost about 15% of its value, do you think it best I leave it be until "Blue Chips" rebound, or look into the other companies (TIAA-CREF among them) and see what's available?

I'll look it up tonight - but would anyone have a general answer to this question... Am I locked into Fidelity and specifically, this fund, until my company's next "open-enrollment" period?

I'd look the funds up at and take the one I felt comfortable with.

There's no tax rules against trading funds. Your plan might have some though.

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