Aspire to be in the 403(b) Vanguard 🏹
May 12, 2020
Since our founding in January 2000, 403bwise has received countless emails from teachers and school employees. These inquiries fall into two main categories:
- I just found out I was sold a high-cost annuity product. How do I get out of it?
- We only have high-cost vendor choices at my work. How do I add a better choice?
The answer to question #1 can be found here: How to Get Out of a Bad 403(b). The answer to question #2 is much trickier. Unfortunately, there is a no one-size-fits-all answer. Sometimes unions are a barrier, which is so odd because ensuring member access to the best possible investment choices seems like it should be job one. Sometimes school benefits officials are the barrier, which is also odd because ensuring they themselves have access to quality investment choices is in their own self-interest. Sometimes teachers, unions, and school officials aren't sure how to go about adding better choices. Have we got the event for them.
Two important words: a) aspire [uh-spahyuhr] to seek or long for; and b) vanguard [van-hahrd] forefront or leader (dictionary.com). Here are these two words in a sentence: K-12 teachers aspire to have 403(b) plans that are in the vanguard.
Get Wise to Adding Better 403(b) Vendors
On Wednesday, May 13 at 1pm Pacific, 403bwise.org will be hosting an interactive video conference called: Get Wise to Adding Better 403(b) Vendors with Aspire and Vanguard. Not only will these two well-regarded financial firms be joining us, so will three teacher-advocates who will share information about their successes and challenges trying to add better vendor choices.
We couldn't be more excited that these teachers and financial companies will be part of our interactive video conference. We hope you and your colleagues can join us. Shareable video to promote this event.
Stay well and hope to see you Wednesday.
Fight for Better 403(b) Super Advocate teacher Chris Nye educates colleagues and has helped get T. Rowe Price and Vanguard on vendor list. Listen Now »