RIC 403b Self-Directed Brokerage Accounts (SDBA)

Updated 6/29/18
Self-directed brokerage accounts allow you to transfer a specified amount of your 403b investment dollars to an outside broker for investment in a large array of alternative mutual funds. Horace Mann MassMutual VALIC Voya
TD Ameritrade
866-766-4015
TD Ameritrade
800-743-5274
Schwab PCRA
888-393-7272
TD Ameritrade
866-766-4015
Investments
Mutual funds 13,000+ 6,500+ 19,000+ 13,000+
No-transaction fee funds 3,000+ 3,200+ 1,000+ OneSource 2,100+
  Minimums
Core plan balance $10,000 10,000 None Initial-$5,000
Ongoing-$2,500
Transfers Initial-$2,500
Ongoing-$2,500
Initial-$5,000

Ongoing-$1,000
None Initial-$2,500
Ongoing-$2,500
  Fees
Annual Maintenance $50 None $50 ($12.50/qtr) $50
Other Call SDBA for fee schedule Call SDBA for fee schedule Call SDBA for fee schedule Call SDBA for fee schedule
  Restrictions
SDBA maximum assets None 50% of core acc't value None 50% of core acc't value
# of transfers between core & SDBA Unlimited Unlimited Unlimited Unlimited