Learned by Being Burned: Teachers and the K-12 403(b)
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Learned by Being Burned: Teachers and the K-12 403(b)
Teachers are being ripped off in their 401(k)-like supplemental retirement savings plan, the 403(b). Financial companies are preying on them. Unions and school districts aren’t looking out for them. Educators are literally losing out on hundreds of thousands of dollars in retirement savings. In this...
Neueste Episoden
8 Episoden
The Right Kind of Financial Advice
The fiduciary advice model couldn't be more different than how most K-12 403(b) products are sold. Fiduciary advisors discuss how they work in the bes...
Series Narrator and Writer
Teacher Barb Besal discusses narrating Learned by Being Burned: Teachers and the K-12 403(b). Veteran journalist Steve Buel shares how he researched,...
A Little Cabin on a Lake
In the final episode of the series, we share 403(b) advocacy success stories. We also learn how one district moved from 14 vendors to one low-cost opt...
Why Can't We Do This?
National grassroots advocacy movement striving to reform the 403(b) faces obstacles from school districts, unions and the insurance industry.
I Just Couldn’t Stomach It
Teachers learn that breaking up with their financial company is hard to do. They also discover that they can count on little help from their employer,...
My Plans Don't Have Fees, Do They?
Teachers discover the 403(b) products they have been sold are expensive resulting in hundreds of thousands of dollars in lost savings.
Someone Walked Into My Room
Teachers describe how they were sold high-cost 403(b) investments. Sales agents detail their tactics.
Trailer
Learned by Being Burned: Teachers and the K-12 403(b). The short series that explores the dysfunctional world of supplemental retirement plans, the ma...