NEA Allows Private Equity To Prey On Educators (#301)
Teach and Retire Rich · Dan Otter, PhD and Scott Dauenhauer, CFP
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Show Notes
The nation's largest teachers union has been promoting high-fee retirement plans to its members that have underperformed, teachers and experts tell The Lever. The products are sold by a private equity-owned insurance company accused of fraud and mismanagement — and as part of the arrangement, the union's benefit arm gets millions from the firm. Those words were written by our guest, journalist Freddy Brewster of The Lever.
- Largest U.S. Teachers Union Allows Private Equity To Prey On Educators
- Stories by Freddy Brewster
- The Lever
- Chicago Single Vendor Plan
- Learned by Being Burned - Short pod series about how teachers got burned then got wise to the 403(b)
- Meridian Wealth Management
- 403bwise.org
Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®).