For School Business Officials
If you are a school business official, consider joining the ranks of those who’ve chosen a single platform 403(b) plan
The Illinois Public Pension Fund Association’s The Wise Choice for Educators® 403(b)/457(b) plan provides your district with a single vendor platform that eliminates the tax payer money spent on TPA fees, while helping your employees keep more of what they earn. In addition to helping your teachers and support staff get the most for their retirement dollars, our plan protects the school district and school board from liability.
In contrast, when variable annuities are included in a supplemental savings plan, they can potentially charge the highest fees. Instead, our single vendor approach lets you take advantage of a buying practice you are already familiar with – participation in co-ops.
Similarly, IPPFA’s The Wise Choice for Educators® 403(b)/457(b) plan is a co-op that eliminates surrender charges and lowers mutual fund fees. That way, your employees will be able to put more of their investment assets to work in pursuit of their retirement goals.