Greetings!
My place of employment currently gave us an updated list of the 403b providers we have to choose from. I was hoping I could get some info on who the best provider is from the list. I have looked a lot of info up online, but it just seems a bit overwhelming to me Here are the 6 on the list:
1) Ameriprise Financial
2) Horace Mann Life Ins. Co.
3) Kades-Margolis Corp
4) Lincoln Investment Planning
5) Security Benefit
6) Symetra Life Insurance Company
I have read that you should avoid insurance companies when picking a 403b provider, so I'm assuming numbers 2 and 6 are out. I also am aware that each of them charge fees and some are more than others, but I have yet to contact any of them to see how much their fees are. Well other than Kades-Margolis saying something about a 5.25% fee on something, which seems incredibly high to me.
Any info anyone can provide on the list would be greatly appreciated If additional info helps, I'm 32, don't want kids, will be married, and hope to retire as soon as I can (so any extra info on how much I should be contributing to what types of funds or what not would be awesome).
I appreciate any and all help/input! I just want to make sure I pick the best provider so it doesn't come back to bite me later!
~Kristy
My place of employment currently gave us an updated list of the 403b providers we have to choose from. I was hoping I could get some info on who the best provider is from the list. I have looked a lot of info up online, but it just seems a bit overwhelming to me Here are the 6 on the list:
1) Ameriprise Financial
2) Horace Mann Life Ins. Co.
3) Kades-Margolis Corp
4) Lincoln Investment Planning
5) Security Benefit
6) Symetra Life Insurance Company
I have read that you should avoid insurance companies when picking a 403b provider, so I'm assuming numbers 2 and 6 are out. I also am aware that each of them charge fees and some are more than others, but I have yet to contact any of them to see how much their fees are. Well other than Kades-Margolis saying something about a 5.25% fee on something, which seems incredibly high to me.
Any info anyone can provide on the list would be greatly appreciated If additional info helps, I'm 32, don't want kids, will be married, and hope to retire as soon as I can (so any extra info on how much I should be contributing to what types of funds or what not would be awesome).
I appreciate any and all help/input! I just want to make sure I pick the best provider so it doesn't come back to bite me later!
~Kristy
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