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?
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?