newellcr
Recycles dryer sheets
- Joined
- Aug 26, 2003
- Messages
- 224
Re: Proposed changes in 403b plan
Ronin,
This might be a mixed blessing of sorts provided the new language requires a responsible selection of companies by the company/school district.
When we started my wife's 403(b) plan, we had a heck of a time even finding a company who would take the business. The HR department wouldn't even mention any companies who had filed the proper paperwork with the district so that transfers were possible. I can appreciate the fact that they didn't want to "advise" us of investments, but this was bizarre.
Please post any more news you find.
Thanks,
Chris
Ronin,
This might be a mixed blessing of sorts provided the new language requires a responsible selection of companies by the company/school district.
When we started my wife's 403(b) plan, we had a heck of a time even finding a company who would take the business. The HR department wouldn't even mention any companies who had filed the proper paperwork with the district so that transfers were possible. I can appreciate the fact that they didn't want to "advise" us of investments, but this was bizarre.
Please post any more news you find.
Thanks,
Chris