Monday, June 5, 2017

What's it all about, 403B?

"possible significant losses resulting from the offering of high-cost retail funds as investment options to employees and retirees, in violation of state fiduciary duty laws. We are currently investigating the following plans:

University of California’s Defined Contribution Plan, Tax-Deferred 403(b) Plan, and 457(b) Deferred Compensation Plan
California State’s Tax Sheltered Annuity 403(b) Program"
See:
http://www.businesswire.com/news/home/20170605005792/en/Keller-Rohrback-L.L.P.-Investigates-Potential-Excessive-Fees

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