Because you asked, I'll point out that my Bargaining Unit decided to ask for a 403(b) around 1999. We had to bargain for it, so we gave up something to get something. I suggested TIAA, because I liked my RA, from private college teaching. When Roger Ferguson multiclassed the CREF accounts, we got stuck with R1 Expense Ratios. Only one vendor.Do you know of a real example of such a 1-time irreversible election or is it theoretical?
All the employer cared about was that their costs would be zero.
Statistics: Posted by crefwatch — Tue Feb 20, 2024 4:45 am — Replies 48 — Views 4802
