Comments on: Great News for Americans in the 401(k) World http://www.swimupstreamtowealth.com/2010/02/great-news-for-americans-in-the-401k-world/ Thinking Differently Than Conventional Wisdom Wed, 08 Sep 2010 14:03:03 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: kkinder94 http://www.swimupstreamtowealth.com/2010/02/great-news-for-americans-in-the-401k-world/comment-page-1/#comment-79 kkinder94 Fri, 26 Mar 2010 14:24:27 +0000 http://www.swimupstreamtowealth.com/?p=368#comment-79 JLP,<br><br>You are right. Many states now require that schools choose one provider for their 403(b) plans as opposed to allowing several. As you can imagine, the worst providers tend to get the contract due to money or connection. Rarely, do you see a plan that provides the best options for the teachers.<br><br>Both of my parents were teachers so I have seen how financial salesmen prey on these folks with limited means. JLP,

You are right. Many states now require that schools choose one provider for their 403(b) plans as opposed to allowing several. As you can imagine, the worst providers tend to get the contract due to money or connection. Rarely, do you see a plan that provides the best options for the teachers.

Both of my parents were teachers so I have seen how financial salesmen prey on these folks with limited means.

]]> By: JLP http://www.swimupstreamtowealth.com/2010/02/great-news-for-americans-in-the-401k-world/comment-page-1/#comment-72 JLP Tue, 02 Mar 2010 00:30:27 +0000 http://www.swimupstreamtowealth.com/?p=368#comment-72 Good summation. I don't like the way the 403(b) market operates. Teachers should be better taken care of than they are. Hopefully, this is a step in the right direction. Good summation. I don't like the way the 403(b) market operates. Teachers should be better taken care of than they are. Hopefully, this is a step in the right direction.

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