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View More Press Releases by 403(b)wise

Press release:

403(b)wise Adds Searchable Resource for Identifying 403(b) Plan Providers

Issued by: 403(b)wise

Date: Sept. 8, 2020

Got Vanguard? How about Aspire? Maybe you have a good 457(b)? Now you can quickly find out with a new 403bwise feature. We have just created what I can only describe as a 1.0 effort to provide a one-stop location for teachers and school employees to see if their employer offers a quality 403(b) vendor and/or a quality 457(b) plan. We will continue to update this resource. 

Vendor Lists

Each school district maintains a 403(b) and 457(b) vendor list. These are the companies that employees are permitted to invest with. One of the most asked questions on the 1,500-teacher strong 403bwise Facebook Group is: How do I find out who my vendors are and do I have a quality vendor? It is so gratefying when a teacher posts his or her vendor list and the community weighs in. Now before school employees even reach out to their employer they can quickly find out if they have low-cost leader Vanguard available or Aspire, which offers access to low-cost companies like Fidelity, TIAA-CREF, T. Rowe Price and Vanguard for a nominal fee. 

457(b)  > 403(b)?

In many cases the 457(b) can be superior to the 403(b) which is why we also list search tools for several excellent, state-run (and one district-run) 457(b) plan. You can read more about the 457(b) in here which includes a side-by-side comparison with the 403(b) plus links to two podcasts on the 457(b).

View More Press Releases by 403(b)wise

This is a press release issued by the company named above. BenefitsLink is not the author. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

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