Thank you guys for the input on my other post.
I was originally disappointed with the fees and lack of selection regarding the only 457b option my company offered.
This is the good news I discovered:
Since I'm opening a solo 401k with Vanguard, I wanted to see if I can roll my government 457b contributions to it: No.
The rep then said I CAN however roll it into the 401k (public entity job) account I have established there. I just need the authorization signature from my TPA rep each time.
This saves me a great deal of work looking for alternatives for my investments. The 457b has annual fees. I see it like interest payments after a certain period. Here's the plan:
-Invest in the 457 throughout the year
-Rollover the funds in December, right before the New Year (or whenever fees are taken). This does not interfere with the 18k max contribution limit either.
-Repeat
So, maybe my experience can help others who also have ridiculously high fees and in a similar situation.
Submitted June 07, 2017 at 12:08PM by fat-stanley http://ift.tt/2s4xFz6
