Jason and Jeff welcome Dan Otter from 403bwise.org to discuss the difficulties educators face with 403(b) retirement plans, how to advocate for better options, and strategies for navigating and improving these retirement plans.
02:27 Dan Otter's Origin Story
05:35 The Problem with 403(b) Plans
15:26 The Importance of Fiduciary Standards
21:41 Understanding Expense Ratios in Index Funds
22:07 Hiring a Fee-Only Financial Advisor
22:53 The Impact of Fees on Long-Term Savings
24:21 Advocating for Better Retirement Plan Options
25:48 Empathy for School Districts and Their Challenges
29:06 The Importance of Offering Low-Cost Retirement Plans
30:25 Building an Army to Advocate for Better Options
33:23 The Benefits of a Roth IRA for Educators
35:38 Navigating Bad 403(b) Plans and Finding Solutions
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Check out Dan’s work at https://403bwise.org
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