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Teachers Want Choice of 403(b) Providers
SaveMy403b
June 2, 2014
"Over half of the workers in 55 studied school districts stopped contributing to 403(b) plans when their preferred provider was not available. Consolidation of providers in Colorado led more than 54 percent of participants to drop out of their retirement plans.... [One study] showed that teachers' savings rates nearly doubled as a result of receiving and implementing advice from an advisor of their choosing."
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