Does your district have a process
for screening 403(b) providers?
Most 403(b) providers are not held to a fiduciary standard like other retirement plans.
If your district is like many others, it is probably lacking a screening process for 403(b) providers. Unfortunately, we have found that many K-12 employees assume their providers have been properly vetted by their TPA and are unaware of high fees being charged by certain providers.
We believe educated leaders can make a difference.
As the point person for your district, you have the power to initiate positive change when it’s needed most. Your leadership can bring awareness to topics that often get pushed aside by overwhelmed teachers.