May 07 | SaveMy403b.org
California Assembly Bill 1949 Defeated!
Due to the overwhelming efforts of supporters of choice in 403(b) plans, California Assembly Bill...
Home » Blog
Our Blog
California Assembly Bill 1949 Defeated!
Due to the overwhelming efforts of supporters of choice in 403(b) plans, California Assembly Bill 1949 has been defeated. On May 2nd, the Committee on Insurance rejected passage of the bill with 9 members voting against the bill, only 2 members voting for it and 2 members abstaining. Notably, both the Chair and Vice Chair voted against the bill. The bill would have ended the ability...
Supporters of California Bill Attempt to Defame Study
California lawmakers are currently considering California Assembly Bill 1949, which would take away the right of public school employees to select their 403(b) plan investments. Supporters of the bill are attempting to bolster support for the bill by defaming a 2011 study on participation in 403(b) plans. Correspondence was sent to the the Honorable Jose Solorio of the California General Assembly by INNOVEST (the “Bill...
Ohio Legislators Are Planning to Reduce the Number of Investment Options in 403(b) Plans
Ohio Legislators Are Planning to Reduce the Number of Investment Options in 403(b) Plans The Ohio Legislature is considering a bill that would end the ability of public school employees to work with their 403(b) advisors. Section 9.91 of House Bill 487 would dramatically reduce the options for public school employees and result in substantially fewer workers saving for retirement. Please click HERE to send a...
Legislators in Ohio Are Considering Eliminating Your 403(b) Plan Investment Options
Legislators in Ohio Are Considering Eliminating Your 403(b) Plan Investment Options The Ohio Legislature is considering a bill that would end your ability to work with your 403(b) advisor. Section 9.91 of House Bill 487 would dramatically reduce your investment options in your 403(b) plan and could make it more difficult for you to save for retirement. Please click HERE to send a letter to...
California Public School Employees Need Your Help!
The California legislature is considering a bill that would end the ability of public school employees to work with their 403(b) advisors. Large insurance companies are trying to get legislation passed that would allow school districts to force them to work with a new advisor and invest in a different 403(b) product. Please click HERE to send a letter to your State legislator to let...