Join Early Retirement Today
Thread Tools Search this Thread Display Modes
401k rollover INTO 403b?
Old 08-02-2013, 06:54 PM   #1
Dryer sheet aficionado
Join Date: Nov 2009
Posts: 46
401k rollover INTO 403b?

It is time to dump the MegaCorp 401k and roll it into another account and start investing in index funds. Vanguard or Fidelity IRAs are the obvious and popular options. However, I have another intriguing possibility.

It looks like I have a chance to roll into an old Stanford TIAA-CREF 403b plan that has lain fallow for over 30 years. The fund selection is great, all of the TIAA-CREF funds (Institutional class), the TIAA-CREF annuities and it includes many Vanguard funds, both index and managed.

TIAA-CREF has a local office (actually their Wealth Management Group) and I like both the company and having the possibility of face to face meetings if needed.

I know very little about 403b accounts. Are there any gotchas in using them in retirement or with a rollover?

Would you do this?

jasg is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-02-2013, 08:44 PM   #2
Thinks s/he gets paid by the post
Htown Harry's Avatar
Join Date: May 2007
Posts: 1,518
I've seen this site referenced a few times here on the forum.

403(b)wise . The Leading Source of 403(b) Information on the Web

One potential benefit to rolling to the 403(b) from a 401 (k), according to this table and other resources I have seen: since you have separated from service, penalty-free withdrawals can begin at 55 instead of 59-1/2.

Comparison of Deferred Income Plans

I'd confirm this from several sources before counting on it, however.

No doubt a continuous prosperity, though spendthrift, is preferable to an economy thriftily moral, though lean. Nevertheless, that prosperity would seem more soundly shored if, by a saving grace, more of us had the grace to save.

Life Magazine editorial, 1956
Htown Harry is offline   Reply With Quote
Old 08-02-2013, 08:51 PM   #3
Dryer sheet aficionado
Join Date: Nov 2009
Posts: 46
Thanks, but I'm 64. Will check out the site.
jasg is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

» Quick Links

All times are GMT -6. The time now is 01:50 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.