I am a teacher in an elementary public school in Illinois. Recently our school district is offering us 403b plans with the following providers:
Brighthouse Life INS (Metlife CT/Travelers)
Lincoln Investment Planning
Roth - Brighthouse Life INS (Metlife CT/Travelers)
Roth - Lincoln Investment
Roth - Valic
Roth - Voya Financial (Reliastar)
Voya Financial (Reliastar)
I have been teaching for 15 years and I am planning to do so for 7 or 8 more. I am in a position where from now on I could contribute the maximum amount of money per year in a 403b plan ($18,500) and also for a Roth which if I am not wrong is around $5,000.
It is not an easy job to gather information about these providers and their plans to better decide the best option.
What would you do? Any advices / ideas?
Any contribution is greatly appreciated,