No. of Recommendations: 5
Something is not right here.

Your 403b is tax deferred. There is absolutely no reason to use a tax deferred vehicle to purchase tax free munis.

Did they really recommend 90% of your 403b be placed in munis? If so, I would ask to speak to that person's boss, and their boss too.

No computer software program should recommend:

1. Such a high percentage of a single asset class.

2. Buying munis in a retirement account.
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