Teach and Retire Rich

NEA Allows Private Equity To Prey On Educators (#301)

12.22.2023 - By Daniel OtterPlay

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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®). 

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