Tall Tales: Insurance Industry and 403(b)/457(b) Protections (#335)

On more than one occasion we have heard red-rated vendors declare that fixed insurance products are now subject to a best interest standard for 403(b) sales in most states. This is false.

• Comparing CFP Board’s Code of Ethics and Standards of Conduct to The NAIC’s Suitability in Annuity Transactions Model Regulation #275
• Learned by Being Burned - Short pod series about how teachers got burned then got wise to the 403(b)
• Meridian Wealth Management
• 403bwise.org