The Derivative Project
New York Times’ Article on 403B Plans: Sponsored Advertising for “Wealth Management Firms”?

New York Times’ Article on 403B Plans: Sponsored Advertising for “Wealth Management Firms”?

Tara Siegel Bernard, personal finance reporter for the New York Times, wrote on October 21, 2016, “Think your Retirement Plan is Bad?  Talk to a Teacher.”  403(b) plans traditionally used for non-profits and schools, not only may not be covered by ERISA, but have traditionally pushed annuities that carry high fees…