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403b Choices

#1 User is offline   Jackie 

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Posted 23 January 2008 - 01:01 PM

I have a friend who works for a neighboring school district. Her 403b choices are:

AIM
American Fidelity
American Funds
Annuity Premium Reserve
Great American
Lincoln National
Met Life

Are any of them a good choice or would she be better off investing her money into an IRA through someone like Vanguard? Any she should definitely stay away from?

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#2 User is offline   mmcwenie 

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Posted 23 January 2008 - 11:29 PM

From the look of it they will all have high fees. She should first ask to see the prospectuses and ask about the fees charged. I personally would use an IRA or Roth IRA with Vanguard depending on her tax situation. Her eligibility for the IRA may be limited by her income.
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