This is where our movement has to go! The PRESS. The NY Times is at it again! https://www.nytimes.com/2017/03/03/your-money/401ks-and-similar-plans/when-teachers-face-the-task-of-fixing-their-retirement-accounts.html?emc=eta1&_r=0
We can talk and debate about Vanguard and TIAA low-cost plans here on this website, but the vast majority of our colleagues are still getting the shaft with annuities. This great website, 403bwise had been online and active for 17 years! And as Tony said, few of our colleagues are coming here and posting, asking questions so we can learn together.
What do we do? If this website is not reaching our colleagues after 17 years of service with the same people posting over and over again, what can we do? I have a suggestion that I have said before. Sorry for repeating. Keep this article alive by saying thank you to this reporter, Ron Lieber, and write a comment in the reply section. There are about 40 something replies already. That's where a discussion is being held, and it will reach thousands of people.
Ron is Tara's colleague. Tara was the lead reporter for last fall's 403(b) outstanding articles. Share it on your twitter, LinkedIn and Facebook pages. Tell the unions on twitter https://twitter.com/NEAToday and https://twitter.com/AFTunion to read these articles.
If you are not on twitter, it's simple to start an account a tweet away. It is a powerful and direct way to communicate with influential people. We need to network with the media, politicians, attorneys, and to locate any union leader that care about their members.
I have not heard a whisper from the unions about all of this 403(b) publicity.
And another gentlemen to thank! Matthew Lessor http://www.housedems.ct.gov/Lesser a state representative from Connecticut, who read the NY Times article last fall, introduced a bill that would disclosure CONFLICTS OF INTEREST in 403(b) Plans. Now that's novel! Somebody else thinks like we do, that conflicts of interest are not good for our educator colleagues!
After 55 years, the TSA monopoly might be cracking. It's up to us to spread this article to as many of our colleagues as possible, and keep it alive.