We see it all the time – excessive fees in 403B plans! An extra 1.5% in fees each year on a $200,000 account over twenty years is a loss to you of nearly $70,000! That’s money that could be much better used in retirement than lining the pockets of a salesperson. You might be interested in reading the following article.
If an annuity salesperson has recommended you put your 403B or PSERS lump sum in an insurance company annuity, beware! And, start asking questions, lots of them!