403bwise is a 501(c)(3) nonprofit organization.

The K-12 403(b) is broken.
Together we can fix it.

403(b) Reform

Need for Better 403(b) Investment Choices

Too many participants lack access to low-cost investment products.

403(b) Fee Transparency

It is far too difficult for participants to find clear fee and surrender charge information.

End Union Product Endorsement

Unions, including the NEA, have endorsed 403(b) products that do not have the participant's best interest in mind.

Fiduciary Advisors

The K-12 403(b) world is full of sales agents pitching high-fee products that serve their interests at the expense of their client's. Require all 403(b) investment professionals to sign a fiduciary pledge that puts their client's interests above their own. We encourage all participants to have any advisor they plan to work with sign the 403(b)wise Advisory Fiduciary Pledge.