I am really confused. I have been talking to an agent from LSW concerning a 403b annuity. She says there are no hidden fees. You put your money in you are credited on your anniversary. The cap is 8% and low is 3%. I am thinking about investing 200 in this and 200 in a Roth IRA through a different company. What are your thoughts. If you get out early you pay anywhere from 14% until 0% after 16 years. I am only 34 and will be teaching for at least 20 more years. I am eligible for retirement at 56. Help- Please!