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March 17, 2020

One of the most popular topics on the 403bwise Faceboook Group is how to get out of a bad 403(b). Many vendors make this very difficult. Luckly, there is a community of more than 900 teachers ready to assist. Here is a recent post which to date has garnered 33 comments.

From 403bwise group

Hi! I’m a middle school teacher in IL, about 8 years from retirement. I’m devoting my Spring Break to rolling my AXA TSA $ into my Fidelity 403(b) account. I stopped investing in AXA about 2 years ago, and began investing with Fidelity instead. With Fidelity, I’ve already accumulated more the 50% of the amount it took me 10+ years to make with AXA. Any tips for completing the rollover process? I’m dreading it.

In addition to our Facebook Group we have the following story to assist those wishing to exit a bad 403(b). A podcast on this topic can be found at the bottom of this page.

How to Get Out of a Bad 403(b)

Related Podcast: Dealing with a Bad 403(b) Plan

Dan and Scott offer advice on what to do if stuck with bad 403(b) choices. Topics covered include: How to know if you have a bad 403(b); steps to take to get a better plan; and foregoing a 403(b) for a Roth IRA. Listen Now »