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Subject:  Re: Just when things were going ok, the rules ch Date:  1/4/2009  1:49 PM
Author:  Mudster1 Number:  65037 of 75340

How about some tax-free mutual bond funds? And adding to the dividend portfolio? Hey - just an opinion from a fledging investor but a teacher also!
What are your dividend payers? Mine are :Whole Foods, TEG,
FTR and NU and berkshire class b for growth
am considering DUK

I hold PFE, JNJ, KO, DUK, and I hold some BAC (which isn't paying dividends now, but did). I was very happy holding WWY and BUD, but both companies were sold last year.

I think you probably had notice that the school district was going to have to choose one and only one 403(b) provider beginning with 2009. It was not their choice - they were required to do it. There were articles about it in a number of places (google "403B changes") - here's a link to one -


This is the first notice of change I've received - I never ignore mail from my employer! They don't have to choose only one provider - we have a list of about 20, but they do have one (private) compliance administrator.
This sort of thing has happened in limited form before - usually the holdup is the difference between the district/private compliance co's "hold harmless" form and the one the companies are comfortable signing.

What the law allows and what districts choose to do are typically a bit different - with the district not offering all available options. perhaps the increased regs will result in better offerings, but I'm not holding my breath.