It depends on the company and the charges. Some 403b plans are just as good as a deductible IRA or a 401k, except they are limited to mutual funds. These good plans do NOT have excess insurance charges or loads, because they do not have any insurance features. They are FAR better than using DRIPs or other post-tax investments. When you are age 59.5, you can convert them to IRAs if you want. TIAA-CREF is one of the best.But some 403b plans require insurance fees and loads that, in some cases, can make them less advantageous than simply investing post-tax. I think that these bad plans are in the minority.Bill Euclid
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