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The Standard

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My 403(b) committee just received a recommendation for our new 403(b)

investment structure. After analyzing a large number of options and

vendors, our consultant made the following recommendation: The best

option is a custodial account using The Standard (www.standard.com).

They said that it gives the greatest flexibility in investment fund

choices and greatest flexibility in cost control. The account can be

completely bundled as a single fee. Does anyone have any knowledge of

the company, The Standard? What do you think of this approach? We

currently have Fidelity and the usual suspects (AIG-VALIC, ING, Metlife,

American Funds, etc.). The Standard is Roth eligible and has over 8000+

mutual funds available. The annual expenses are negotiable and can

range from less than .30% to 1% or more. Does this sound like a decent

plan?

 

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If you compare The Standard to 403bASP you will find there is no comparison. If a single vendor environment is what you are searching for there is probably nothing better than 403bASP.

 

ScottyD

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