Seminar Questions – Retirement Planning

With a 401k an individual can become their own administrator. Can this be done with a 403b or 457?

A 401(k) plan allows participants to choose from a menu of investment options however the Plan is administered by the employer. In the California 403(b) environment, the district/employer is the administrator and the participants chose from a list of approved 403(b) vendors. Each 403(b) vendor offers a different suite of investment options or annuities.