Anonymous wrote:Look into a good mutual fund company like Vanguard or Fidelity. Figure out what funds you want to invest in. And then call them up. They will deal directly with your 403b administrator and get the funds transferred directly. By having it done that way, you don't have to worry about a tax penalty. If you get it sent to you and then send it to Fidelity or elsewhere, you have to do it in a 60-day turnaround time, I believe. It's just easier to have the investment company you select do it directly, so you don't have to worry about any tax implications.

You cannot co-mingle funds. The company you select will open up a Rollover IRA account. It will be separate from any regular IRA account you have.

Don't deal with Edward Jones or Charles Schwab, just call the mutual fund company direclty. It's cheaper that way.

Anonymous wrote:What is it you want information about? The funds themselves or how to move your retirement money? I recently converted a retirement account for my mother into an IRA (not Roth). Her old plan sent her the information for moving the account, then we set up a Vanguard account. The old fund sends the money directly to the new fund. I would first 1. decide where you are going to put the money, 2. contact your old retirement plan about moving the money, and 3. set up your new account wherever. You don't need any money to just set up the new account. When you set up the new account you designate it as a "Roth IRA" and then you invest the money into whatever vanguard funds you want.