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November 16th, 2018 |
Study Finds Link Between Lower Participation and Fewer Choices in K-12 403(b) PlansA decrease in investment choice and reduced access to advisers leads to lower retirement plan participation by employees in public education 403(b) plans, according to research published by the National Tax-Deferred Savings Association (NTSA). The research, based on data from nearly 4,500 school districts across the United States, found 25% greater participation in plans with 15 or more investment providers compared to plans with only one provider, and there is a 203% increase in average contribution rates among plans providing access to 15 or more providers compared to plans with only one provider.Read more > |
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Groom Law Group and Cammack
Retirement Group will field your
questions concerning 403(b) plans
and regulations. Email rebecca.moore@strategic-i.com with Subject
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