double insertion

In the continuing saga of our wonderful school district and itapos;s teacher friendly policies and practices, I submit the following:

By regulation of the IRS, school districts (and other public employers) are required to provide a third party plan administrator to employees with 403(b) accounts - the public sector equivalent of a 401(k). Our district has chosen a firm in Southern California who is charging our teachers $3. Per month per 403(b) account.

Just the other day, I find out from my financial advisor that his company offered to plan administration for our teachers with 403(b)apos;s for NO�CHARGE. Unfortunately, that wasnapos;t good enough for our district who chose to go with the company who charges $3 per account.

Is there ANY other district in the Bay Area charging teachers for their 403(b)apos;s? Please respond whether or not your district is charging this fee.

siliconjim
double insertion, double inserted, double inn tree, double inn musky.