Originally Posted by Caniac4ever
Long time lurker, first time poster...
I see this is an old thread, but it is discussing something I was doing some research on and since it was recently bumped, I figured I'd just tag on. I'll post my situation here and see if anyone has any words of wisdom for a newbie to all things investing.
I work at an establishment that offers both a 403b plan and a 457 plan. If we contribute 3% to a 403b plan, the establishment will contribute 2%. The only 2 vendors that we are offered for either plan are Lincoln Financial and Valic.
Any suggestions on what direction I should go or what you would do in this situation would be greatly appreciated!
Both of those companies were options where I worked, but they looked expensive to me so I went with TIAA-CREF for the 403b and we had Great Western for the 457 with a range of good low cost funds. I think you have two bad choices and would not know how to choose between them.
OCCUPY ER, <=>
"The needs of the many outweigh the needs of the few, or the one." - Spock
Retired Mar 2014 at age 52
Target AA: 70% equity funds / 28% TIAA-Traditional/ 2% cash
Target WR: 0.0%,
Income from pension, rent, and eventually SS