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403(b) Annuities

Who Really Owns Your 403(B)?

Tony Wiley

I have made the acquaintance of many educators over the years; both retired and still in service.   I was fortunate enough to meet many of them while working with one of the 403(b) providers in the public school systems. Most of them had regularly contributed to their accounts as a way to supplement their pensions. What I’ve found is that the vast majority were not aware that there had been major changes made to 403(b)s over the last several years. First, let’s describe what a...

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