Investment options are generally more limited for 403(b) plans than they are for other qualified retirement plans.
Investment of 403(b) funds in the following are not allowed:
- individual stocks and bonds;
- bank savings accounts;
- individual treasury notes or bills; or
- similar types of investments traditionally available under employer-sponsored retirement plans.
Source: GAO Report to the Chairman, Committee on Education and Labor, House of Representatives, “DEFINED CONTRIBUTION PLANS 403(b) Investment Options, Fees, and Other Characteristics Varied”
Recent Comments
Does the roth requirement for catch-up contributions for people who earned $145,000 apply to 457...
Hi Ed,
I really liked this article and I think you make a lot of sense. And I had no...
I believe there's a misstatement in that last quote - it should refer to governmental and...
Working with several medical providers as clients, I note that the high-end earners tend to push...
Congratulations to NTSAA for landing a good one. Nathan's breadth of experience and...