Originally Posted by TuborgP
I have followed 403b plans for years and love 403bwise. Everything you have heard negative is true. Insurance companies lobbied congress and got them to change accounting and paperwork rules to make it more difficult for school districts to offer multiple vendors.
DW works in admin at a school district, and I was glad to see they had Fidelity as one of the options for her 403B. All the rest were annuity type places.
DD is a teacher, and her paperwork was filled with all these annuity offers, but Fidelity was on a list somewhere deep into the document. When she tried to find out, it seemed she was steered towards the annuities by whoever she talked to. I need to follow up with her.
I'll check out 403bwise, thanks.