MF Advisers, Inc.
Martin A. Federici, Jr. is a graduate of Bloomsburg University (1996) and has been a licensed financial advisor since 2005. He is the CEO and one of the founding member of 2 financial businesses - MF Advisers, Inc. - RIA firm and fiduciary - and MF Tax & Accounting, Inc. - tax & accounting practice. Both of these businesses officially started in Jan. 2011 and operate from 2 locations: one in Dallas, PA; the other, in Jensen Beach, FL.
Federici has his Series 65 license, along with his AAMS professional designation from The College of Financial Planning. His specialties include: 403(b) plans (for both organizations and individuals), investment advice & management, financial planning, retirement planning, and 401(k) plans (for both businesses and individuals). Mr. Federici is a preferred 403(b) advisor for both the Wyoming Valley West and the Dallas Area school districts, helping many educators to improve their overall financial pictures throughout the years of his service.
Federici states that MF Advisers, Inc.'s #1 priority - as an RIA firm and fiduciary - is helping individuals, families, and businesses create and achieve their financial goals through expert wealth management, investment advice, and financial planning. As fiduciaries, MF Advisers, Inc. wants to improve their clients' financial situations and do what is in their absolute best interest each and every time without exception. Running a tax & accounting practice also, Federici is very cognizant of how any financial decisions can affect clients' tax situations.
Federici is active in the local PA community as a member of several organizations (Back Mountain Chamber, Luzerne Merchants Association, and Plymouth Alive), and has coached/assisted with coaching various youth sports teams in the Dallas & Back Mountain areas of Pennsylvania . He is happily married to his wife since 1999, and they have 3 beautiful children together. His personal interests include running/exercising, eating well/healthy living, reading anything and everything, and making the world a better place.
BA, History, Bloomsburg University
In general, you'll have the most investment options if your IRA is at a brokerage firm so your own IRA may make the most sense (depending on what type of investments you want to be able to invest in). Your current 401(k) plan and old 403(b) plan probably have a limited number of investment choices (mostly mutual funds more than likely), and there's no guarantee that they are all quality options either (can only tell by reviewing both plan lineups for fund quality). It's important to consider investment options, expenses, and weigh which options are most important to you. We help our clients make these decisions often through a thorough review of all options and important points (costs, expenses, investment choices, investment quality, etc.), so your specific situation would need review as well. Hope that helps you - we are always ready to help our clients with rollover decisions (they're not easy - keep that in mind).
Since it's your first time investing (congrats!), you should probably stay safe and stick to cash. You can get yourself into a bit more trouble if you select margin right out of the gate.
Limit yourself to cash until you feel more comfortable with your investment decisions/results (unless you need professional help of course - wink, wink!); once you feel comfortable/more confident, you can always decide to use margin at some point in the future.
Always err on the side of caution when it comes to overextending yourself - that's an area where people tend to get themselves into trouble.
Don't put yourself in a hole - it's not wise!
Hope that helps!
I'm assuming - since your advisor (soon-to-be former advisor?) has been lax - that you'd like to have someone else help you with your investment needs, or you're going to handle it yourself.
You should check on the basic things first, such as surrender charges (if any) and transfer fees (if any). A phone call will quickly let you know where you stand. If those fees are below an acceptable % (think no more than 2%-3%, depending on how badly you want out of this variable annuity), then you can just transfer into a traditional IRA (since it was in an IRA) with mutual funds, stocks, bonds, ETFs, etc. at your disposal (unless you want another annuity?).
What you can transfer it to is really dependent on what you're comfortable investing in - depends on many factors, which would require a lot more information from you to help me determine what would be best for your situation.
I hope this helps you begin the process - I wish you luck with whatever route you choose to go.
I would highly doubt that the winner of the Presidential race would actually influence real estate prices heavily one way or the other, and your decision to buy said first house should not hinge on this outcome (because it is truly meaningless to your potential purchasing situation).
The best time to purchase a home is when you find the right home in the right area, and it's at the right price for you. Everything else is not as important as those factors when considering your first home purchase.
Good luck - hope you find the right first home for you in CA!
You most definitely can. You'll probably need to call someone at the company that administered your 403(b) plan to get rollover paperwork & instructions sent to you (unless they've already mailed it out to you).
Should be relatively easy and painless - good luck!