Company 401k Plans: 403B rollover

» gimpy13323 - 403B rollover

My wife are both retired teachers with a fairly substantial fixed retirement income. since we are both under 60, we are not receiving SS checks. Much of our investments are in our 403B accounts which is quite substantial. We will probably only use this money for trips, cars, grandchildren's education and so on. I am interested in preserving the money. I am told that rolling over to a traditional IRA is in our best interest and also for our children's interest. I have been looking at Vanguard and T. Rowe Price for the rollover. My question for someone is one regarding tax consequesces if we were to leave the money in the 403B's. Are tax consequences greater in 403b's then in IRA's? Any imput and suggestions would be greatly appreciated. I have two books by Ed Schott which I am told will help me greatly but I need help in making a sound decision. Tx.

-- posted by gimpy13323