No. of Recommendations: 0
Why is it that 403(b) plans are loaded with annuities with all their problems whereas the rest of the tax deferred world offers better choices? Is this a case where the tax exempt orgs have simply sold out to annuity / insurance company crap. Private industry, where the management participates in the plans and available investments, would not tolerate that nonsense. It's time for the employees of the tax empts to get up on their two hind legs and bargain for better tax deferred alternatives. This is a no brainer since it won't cost the employer any more money to offer decent alternatives. Get those union reps off their fat duffs and have them do something useful.
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