Top 9 Benefits Of A 403b Plan

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  1. Wesley Lau
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Hi there... I'm a nurse at a non-profit hospital. They just forced me into a 403b because I made too much last year? Okay... However, my 401k will stay open also and all my new contributions are going to this 403b? Like starting over again and they won't convert my money from my 401k to the 403b? What is going on here in 2024? Please help me because if I cannot grow my money anymore on my own in my 401k I'm just going to quit.... Thoughts on how I can get them to migrate all the funds from the 401k or, can I make the 401k into a traditional IRA and keep growing it that way without penalty? It's all thru Vanguard and they are clueless. I just don't know what kinda questions to ask. Please advise when time permits. Appreciate your time.

scotty