The Advisor - November 2010


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  1. Under 403(b)/457 Plans, read about the ABCs of 403(b)s to get an overview and understand your investment choices.
  2. Watch the short videos, “A Look at Fixed Annuities” and “Choosing a 403(b) or 457 Product,” to understand the pros and cons of fixed annuities and to understand the differences in investment products within different plans.
  3. If you are working with an agent or financial advisor, download Selecting a 403(b)/457 Advisor & Understanding Plan Fees and use the worksheets provided.
  4. Under Calculators, use the 403(b) Planner to estimate your retirement goals.
  5. Watch the video, “Why Participate in a 403(b) or 457 Plan?” to understand the advantages of tax-deferred savings and growth.

Important Ed Code Disclosure

Section 44041.5 (C)2(d) is added to the Education Code, to read: A third-party administrator shall disclose to any employer seeking his or her services any fees, commissions, cost offsets, reimbursements, or marketing or promotional items received by the administrator, a related entity, or a representative or agent of the administrator or related entity from any plan provider selected as a vendor of an annuity contract, custodial account, or deferred compensation plan by the employer. A third-party administrator that is affiliated with or has a contractual relationship with a provider of annuity contracts, custodial accounts, or deferred compensation plans shall disclose the existence of the relationship to each employer and each individual participant in the annuity contract, custodial account or deferred compensation plan.