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Compensation Strategies Group, Ltd.
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Think Your Retirement Plan Is Bad? Talk to a Teacher
The New York Times; subscription may be required
[Opinion] Oct. 25, 2016
"[M]any 403(b) accounts are riddled with complicated, expensive investment products that can cost their owners tens of thousands of dollars, if not more, over their careers. The 403(b) accounts that many workers contribute to are not subject to the more stringent federal rules and consumer protections that apply to 401(k) plans. In fact, of the $879 billion in total 403(b) assets, more than half is not subject to federal retirement plan rules[.]"
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