1 rich Libsyn https://www.libsyn.com 90 600 We dig into how to move money to a better employer vendor. In the 403(b) world this is called an &quot;exchange.&quot; In the 457(b) world this is called a &quot;transfer.&quot;&amp;nbsp; How to intiate an exchange/transfer from one employer vendor to another Determine compliance administrator Determine if exchanges/transfers are permitted (almost always are) Determine what new vendors are available (see 403bwise rating system) Contact current vendor and ask for paperwork for an &quot;exchange-out&quot; &quot;or &quot;transfer out&quot; Open account with new vendor Ask new vendor if exchange/transfer paperwork is needed&amp;nbsp; Check if compliance administrator requires paperwork Follow all instructions carefully. Exited vendor often unhelpful. Stay on top of process. Support for exchange/transfer process: The 403bwise Facebook Group Join Us on April 5, 2026 for a Special Announcement. Info here Learned by Being Burned&amp;nbsp;(short pod series about K-12 403(b) issues) 403bwise.org Meridian Wealth Management Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). Teach and Retire Rich http://teachandretirerich.com/podcasts/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/40609985/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/40609985