My wife is just starting back at work in September. Her school district allows for contributions to a 403B and 457B plan, so in theory we could do the $23k max in each. I'm a high earner so this is tempting. However the list of options make me hesitant. I talked to Lincoln Investments first, and the CFP said definitely no problem to set both up. Decent fund options, but he charges a 1.2% AUM fee. I suspect this will be the case for all the others except Vanguard.
So my question is this. If you were in my position, would you just keep it simple and do the 403B only through Vanguard, and let go of the idea of stuffing $46k in, instead of $23k? Or roll the dice with one of the others, that are on the approved list for both 403B and 457B? Approved providers for each plan listed below. As always thanks!
Authorized Investment Providers for 403(b) TSA Plan
Authorized Investment Providers for 457(b) TSA Plan
So my question is this. If you were in my position, would you just keep it simple and do the 403B only through Vanguard, and let go of the idea of stuffing $46k in, instead of $23k? Or roll the dice with one of the others, that are on the approved list for both 403B and 457B? Approved providers for each plan listed below. As always thanks!
Authorized Investment Providers for 403(b) TSA Plan
Authorized Investment Providers for 457(b) TSA Plan
Statistics: Posted by shm317 — Tue Aug 20, 2024 8:04 am — Replies 5 — Views 158