Recent content by mcguiret

I'm currently rolling over a crap 403b from Axa into Vanguard 403b. My Axa account is 90% stock with most being large cap growth funds. Anyway, I'm trying to pick vanguard funds. It crossed my mind that I should roll some into funds that are currently low - like vanguard energy. Bad idea...

We're you ever able to do anything with your 403?

Yes the union... I checked out a plan the nea pushed, it had a 5.75% sales load in addition to management fees. I'm glad they have our back!

Funds not guns ... Autocorrect issue

My state did allow us to purchase service credits and I did purchase the maximum amount. To my knowledge I cannot transfer any additional guns into this plan. Because this may serve as a route out of my 403b, I will recheck. Thanks again!

I checked on this and it seems that it cannot be done in my state. I do have a defined pension from the state, but I cannot transfer funds into this plan.

Interesting. Yes, I have thoroughly questioned the vanguard retirement specialists on two separate occasions with not luck. I wish I were smarter 10yrs ago.

Yes, I hopefully would move on from my current employer. You're probably correct waiting is probably best, but I see a lot of interest lost in this time. If I cannot find any other alternatives this will most likely be the path I take.

Thank you for the response. I've contacted vanguard on this and it seems that it can only be done if my employer offers vanguard as an option. Unfortunately they do not and the third party affiliate that oversees my employer's 403b options foresees vanguard as a liability due to lack of...

Which state do you teach in? I teach in Michigan.

No there's not an employer match. I do like your solo 401k idea. It's probably not possible to roll a 403b into a 401k- correct? I am still currently employed by the school district in which I began my 403b.

I'm a teacher and have about 50 k in a 403b with Axa. Unfortunately they are raping me on fees. I have since stopped contributing to this account and started a Roth with vanguard. What can do with my 403? I'm 33 and am not planning on separating from my current employer so I think an Ira...