The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: brokescientist on November 22, 2015, 08:59:06 AM
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Hello,
I have a few vendor options to choose from for my 403b. Which do you recommend?
AXA
AIG Valic
ING financial advisors
Hoarceman
MetLife
TIAA/Cref
Symetra
Fidelity
I am reading here that AXA is pretty terrible.
I am leaning toward Fidelity due to their Spartan options.
What do you think? How should I go about deciding?
Thanks!
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Fidelity has good and bad plans. Some plans have plan fees and high expense ratios. Look at the actual fund offerings and expenses before you make a decision.
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I have some of these options in my 403(b). The particular mutual funds that are offered will vary according to the contract your institution set up.
Generally TIAA-CREF and Fidelity are good options. I have my 403(b) money spit between both. In my plan, the TIAA-CREF has good options in TIAA Traditional (interest now 4%, I use it for some of my bond allocation) and TIAA real estate. The CREF has a good international index fund and an SP500 index fund (check the expense ratios for these in your plan; they vary according to the institution.
My Fidelity fund has Spartan index funds which have low expense ratios on par with Vanguard.
If you have a 403(b), you may also have a 457 plan available that will allow you to set aside an additional 18K tax-free if you have room for that.
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OK. I will contact both TIAA/CREF and Fidelity on Monday.
Thanks!
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holy smokes. Fidelity blows all other vendors out of the water. I apparently have access to all of their funds through my 403b, including all the spartan funds. Good news!
thanks all.