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Texas Should Not Regulate Employer Choice of 457 Plan Investment Vendors
403bwise 
[Opinion] Jan. 13, 2003
Excerpt: The real beauty for Californians is that ... employers have the ability to choose exactly which 457 provider(s) they want. This isn't the case with the 403(b).... With the 457, school districts can initiate a Request for Proposal (RFP) process common in the 401(k) world where the employer spells out exactly what they want from a vendor.... [T]here are some folks in Texas who are seeking to introduce legislation that would curtail employer control over 457 plans ...
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