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  1. Thank you. I will eagerly await your choice for a model plan for colleges and universities. keep up the great work.
  2. In the 403b wise, model 403b for colleges and universities, University of Wisconsin is shown as the ideal model. Why is having 10 vendors an ideal model? Addtionally, the WRS 457 program is administered by another vendor, Nationwide. I am having difficulty understanding the concept to use this as an ideal model, especially if going to a institutional model similiar to 457 is more financially rewarding for the employees.
  3. I am still confused on the 403b vs 457 issue. We now how the ability to contribute to a 457 and a 403b. which one should I maximize first? if 403b is more flexible, how? Doesn't 457 make more sense if it has the same investment options, seems to provide institutionally priced product and no 10% penalty for early withdrawal. The 457 provider also provides loans, although I thought IRS hasn't ruled on this yet. Thanks for any replies.
  4. What is the realistic probability that 403b in higher Ed could move into an institutional model similiar to those found in 457 and 401K and gain mainstream acceptance? There is definitely some systems that have adopted to release an RFP and curtail the number of vendors offered in their program to two, even one. I think its been proven enough that too much choice works in determent to the purpose of investing wisely. Isn't it high time that the higher ed community chose to follow a path set by 401k and 457 in the public sector and establish an unbundled program, offer institutionally priced mutual funds, and administered by one or two vendors? Getting K-12 to even consider this platform is a task only for the brave at heart. In the long run participants would win from lower fees and better education.
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