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  1. Tiaa Ny Times Article

    I really wish TIAA would come out with a detailed response.
  2. Hey All, Scott and I just had perhaps our most interesting podcast ever. Enjoy... Teach and Retire Rich podcast #53: Custodian Cleans Up His 403(b): From annuities to a high six figure balance.
  3. Forum Upgrade

    Thank you for kind words. Love the chart, Steve. So hopeful for people to be able to see this. - Dan
  4. Tiaa Ny Times Article

    EdLaFave, The internet is full of over the top hyperbole. We really don't want that here. Folks might begin to think you have ulterior motives. - Dan
  5. Tiaa Ny Times Article

    Latest Wisecracks: TIAA Thoughts
  6. Tiaa Ny Times Article

    Tony et al, Sorry for the access issues. As I mentioned, we have seen a heavy spike in traffic (most likely because of the TIAA story). Thanks for your patience! - Dan
  7. Tiaa Ny Times Article

    Hey Tony, All the activity has caused some issues with the board's availability. We are actually researching some fixes/alternatives. We will keep everyone in the loop if we make any changes. - Dan
  8. Tiaa Ny Times Article

    Hey Ed, I think "disgusting" is a bit harsh. I too am disappointed they are not loudly championing the fiduciary rule. These companies are not perfect and there are issues and challenges behind the scenes that we may not always be privy to. I am with Steve in proudly stating that I will keep my money with TIAA, and Vanguard (and Fidelity) for the rest of my days baring some reason to change. Steve also rightly points out TIAA's multiple efforts to change truly ridiculous California legislation that directly hurts teachers. I documented my issues moving money from Vanguard and they actually tweeted an apology to me. Let's not make the perfect the enemy of the damn good. :) - Dan
  9. Our Recent Experience With Axa

    This conversation makes me so proud of this board. GRW, your tenacity is to be admired. I think you have nothing to lose by pursuing action. It's doubtful anything concrete will come out of it but as Tony mentioned: too many teachers are too timid about this stuff. I know you are not a teacher but instead are helping your wife. But your efforts are helping all teachers. I would pursue the two tracks you mention (press AXA, seek to add a better choice). I have posted some resources below: How a 7th grade teacher got a better 403(b) choice K-12 Story: I have an AXA 403(b). Help! (share with employer) NY Times series on 403(b) woes California dreaming of better 403(b) plans (again) touches on issues Steve raised
  10. Hey All, As Steve points out we do want to avoid political discussion that strays into opinion. If we are stating factually what one political party or the other is doing or advocating I think that is fine. We just have make sure we avoid emotion and accusation. Ed, feel free to edit your post(s) that you think may be too political. Thanks again for everyone's participation here. - Dan p.s. I am with Steve in advocating for voting. I think we can also vote with our dollars. That is who we choose to do business with.
  11. Tiaa Ny Times Article

    If true this is sad and frustrating.
  12. I Moved Money Out Of Vanguard

    Tony, It's true. I did feel guilty. It was like breaking up with a long time partner. Yet the breakup isn't total. Basically my fixed assets are with TIAA and my equities are with Vanguard and Fidelity. For my wife, it's also equities in Vanguard and Fidelity. It seems very similar to what Steve is doing. To Vanguard's credit they did tweet the following below. As you point out, I probably slipped through the cracks because of their tremendous growth. Vanguard‏Verified account @Vanguard_Group Oct 9More Replying to @teachretirerich @meridianwealth and 8 others We're sorry for any inconvenience, Dan. We appreciate you taking the time to give this feedback & have shared it with the appropriate team.
  13. I Moved Money Out of Vanguard by Dan Otter
  14. A Primer On Church Plans

    https://www.icemiller.com/MediaLibraries/icemiller.com/IceMiller/PDFs/publications/Church-Retirement-Plans-(w-002-8456).pdf
  15. Mid Year Ira Rollovers And 72(T) Distributions

    Michael Devault! So good to hear from you. Folks, Michael is one of the most knowledgable people I know.
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