403(b) Insights

Vanguard is increasingly focused on the 403(b) market, aiming to provide low-cost options for educators. A good 403(b) plan should ideally have expense ratios of 0.50% or lower, with reputable companies like CalSTRS and Fidelity leading the way. However, caution is advised as some high-cost plans may confuse teachers. Exploring Roth IRAs alongside a 403(b) can also enhance financial strategies for educators.