You might be thinking, “if it ain’t broke, why fix it?” Well, it is broken.

The 403b plans offered to K-12 teachers are done so in a manner which doesn’t help us. Your business or Human Resources departments are charged with building a lineup of 403b vendors (yes, that’s what they are called).  These vendors represent the insurance or financial institutions who sell their wares inside a 403b plan and market to school personnel. Other vendors who sell products to schools include food service, paper products, and textbook companies.