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Liz Weston: Investing for retirement — Why you might want to reconsider that 403(b)

Like many other educators, high school science teacher Robert Curtiss of Dearborn, Michigan, thought he was doing the right thing by investing in his school district’s 403(b) retirement plan. Then federal regulators charged the company handling Curtiss’ investments with fraud. In July 2022, the Securities and Exchange Commission said Equitable Financial Life Insurance Co. had misled investors — mostly public school employees — about what their investments cost.
United States Dan Otter Robert Curtiss Liz Weston Associated Press Exchange Commission
Source: yahoo.com

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