Featured Jobs


Regional Sales Vice President, Outside Retirement Sales Consultant (Marlton NJ / Telecommute)

Compliance Manager (Ponte Vedra Beach FL)

Compliance Administrator III (Chico CA / Telecommute)

Retirement Plan Administrator (San Diego CA)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



4/15/2004: Annuities in a 403(b) or 457(b)? (Motley Fool)
Excerpt: When the 403(b) was first created in 1958, annuities were the only investment option allowed. In 1974 Congress added paragraph 7 to the plan, creating the 403(b)(7) custodial account and opening the way for investment in mutual funds. However, more than 30 years later, close to 80% of all 403(b) money still sits in annuity investments.
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2019 BenefitsLink.com, Inc.