403(b)-457 Plans Blog: What's a Plan? Gray v. Prudential
The typical teacher will not find this linke of interest, but those in the 403(b) marketplace and district plan administrators will.
ScottyD
Thursday, November 30, 2006
Monday, November 27, 2006
School District Goes Extra Mile to Disclose Fees
School District Goes Extra Mile to Disclose Fees | workforce.com
Contrast this article with the last one (from Florida). At least LAUSD is disclosing revenue sharing. The next step is to completely eliminate it.
ScottyD
Contrast this article with the last one (from Florida). At least LAUSD is disclosing revenue sharing. The next step is to completely eliminate it.
ScottyD
FL Sheriff Sues Nationwide Over Fees
News Articles [PLANSPONSOR.com] - FL Sheriff Sues Nationwide Over Fees
Revenue sharing is a standard practice in the industry, that doesn't make it right. It is my belief that all fees should be disclosed AND who recieves those fees. In addition those fees should be benchmarked and evaluated annually.
The reason revenue sharing is so prevalent is because most vendors DON'T want the participants to actually see the fees being paid to the vendor, if they did they would freak out.
My belief is the fees should be explicit, employees should see them and they should be educated as to what the fees are.
ScottyD
Revenue sharing is a standard practice in the industry, that doesn't make it right. It is my belief that all fees should be disclosed AND who recieves those fees. In addition those fees should be benchmarked and evaluated annually.
The reason revenue sharing is so prevalent is because most vendors DON'T want the participants to actually see the fees being paid to the vendor, if they did they would freak out.
My belief is the fees should be explicit, employees should see them and they should be educated as to what the fees are.
ScottyD
Monday, November 20, 2006
Teachers, did you forget to do your homework on 403(b) plans? | The San Diego Union-Tribune
Teachers, did you forget to do your homework on 403(b) plans? | The San Diego Union-Tribune
Lynn O'Shaughnessy keeps poor 403(b) options in the spotlight with this timely article on why teachers need to do their homework on 403(b) plans if they want to maximize their retirement plans.
Great Job Lynn.
Scott Dauenhauer, CFP, MSFP
Lynn O'Shaughnessy keeps poor 403(b) options in the spotlight with this timely article on why teachers need to do their homework on 403(b) plans if they want to maximize their retirement plans.
Great Job Lynn.
Scott Dauenhauer, CFP, MSFP
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