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Hi Dave -

I don't want to argue, but some 403b/TSA accounts can be quite good! Besides having competitive subaccounts in which to invest, there may be a variety of different fund managers to choose from (i.e. Fidelity, Janus, T.Rowe Price, etc.), and there is usually a "Fixed interest" account that pays more than a money market rate to serve as a "safe haven". Finally, the TSA usually has a loan provision, which shouldn't be the sole reason for selecting it, but it could be handy in time of need (college funding?).

I appreciate your position, and I want you to know that one can save for retirement in a 403b/TSA without having to pay more than 1.28% in annual fees! Many mutual funds exceed that expense ratio, huh?

Happy Holidays, PP
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