Financially Intentional

Welcome to the FInancially Intentional Podcast with Naseema McElroy! This is a weekly podcast covering all things personal finance for those ready to build wealth but who may not know where to start. We believe that you have all the tools to improve your finances because you and your family deserve it. Our hope is that by listening to this podcast, your circle of influence is enhanced. Let us be the folks you choose to surround yourself with.

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Financially Intentional

This Nurse Reveals The Truth About 403Bs - Episode 39 (Classic Episode)

August 17, 2023 • Nancy Bachety • Season 2 • Episode 39

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We are bringing back the heavy hitters, the episodes y'all couldn't get enough of! These are some of the most listened to gems that'll push your path to financial freedom to the next level. In this throwback episode guest Nancy Bachety discusses the intricacies of 403B retirement plans. Nancy, a former teacher, shares her personal experience with 403B plans and how she discovered the high fees associated with them. We highlights the differences between 401Ks and 403Bs and the lack of regulatory protection for 403B participants.

Links mentioned:
New York Times Article
http://www.403bwise.org
403b Wise Facebook group
www.403bcompare.com
Camp FI

About our guest:
Nancy Bachety helps teachers become financially independent. She found out the hard way that not all retirement plans are created equal and many people where paying high fees for subpar products with limited investment options. She set out on a mission to inform educators of their options and helps them optimize their retirement plans.

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