FREE Training - Learn how to tap the lucrative 403(b) Market
You've got to see this. This is the baloney that the agents who sell Equity Indexed Annuities respond to.
Pure drivel.
Scott Dauenhauer
Tuesday, February 12, 2008
Monday, February 11, 2008
School workers find costlier choices in saving for retirement
The new regulations may be helping the IRS to track 403(b) plans better, but it is at the expense of teachers retirement. In Texas, even fewer low-cost providers are showing up on the approved statewide vendor list, meaning higher fees for participants and lower account balances at retirement. The new regs are having the short term affect of solidifying the high-cost, non-fiduciary based products as the ones that are offered. I hope this will change as the years pass.
ScottyD
Subscribe to:
Posts (Atom)