What Every Teacher Needs to Know About the 403B
Автор: Teacher Money Coach
Загружено: 2022-02-24
Просмотров: 1016
Описание:
Teachers, you are going to be shocked by the fees in your 403B. The industry is dominated by companies who charge exorbitant fees on your investments. If you signed up with someone who was at your school, you are probably paying way too much.
This video tells about the problems in the 403B, how to determine if the company your investing with is good or bad, where to look for fees, and the impact fees have on your money.
Check out https://www.EricTMC.com for how to take control of your money.
Links for articles mentioned in video:
https://www.nytimes.com/2016/10/23/yo...
https://www.forbes.com/forbes/2005/04...
https://www.wsj.com/articles/teachers...
https://investorjunkie.com/retirement...
Links to resources used in the video:
https://403bwise.org/advocacy/rating_...
https://www.403bcompare.com/
https://moneysmart.gov.au/managed-fun...
0:00 Problems in the 403B
1:51 How to Identify Good/Bad 403B Vendors
2:43 How to Find the Hidden Fees in Your 403B
6:12 Impact of Fees on Investment Returns
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