Hi:
I have a 403b (deferred compensation plan) with a former government employer. The funds within the 403b are not publicly traded. A couple of the funds perform really well and have a super low expense ratio. The other fund choices are not too great. The good choices are frozen, so I can't transfer money into them, only out.
For the situation described above, can I move the "cruddy" portion of the 403b out to an IRA account where I could make the choices as to which funds to invest in? Or, is it an all or none situation, I either have to leave all the money in the 403b or take all of the money out and transfer it to another retirement account?
I have a 401k with a current employer. I would like to know if I could transfer a portion of the vested amount that I have in that 401k account into another IRA retirement account where I could make my own investment choices?
Thanks for the advice.
I have a 403b (deferred compensation plan) with a former government employer. The funds within the 403b are not publicly traded. A couple of the funds perform really well and have a super low expense ratio. The other fund choices are not too great. The good choices are frozen, so I can't transfer money into them, only out.
For the situation described above, can I move the "cruddy" portion of the 403b out to an IRA account where I could make the choices as to which funds to invest in? Or, is it an all or none situation, I either have to leave all the money in the 403b or take all of the money out and transfer it to another retirement account?
I have a 401k with a current employer. I would like to know if I could transfer a portion of the vested amount that I have in that 401k account into another IRA retirement account where I could make my own investment choices?
Thanks for the advice.