Learned by Being Burned: Teachers and the K-12 403(b)

About Learned by Being Burned: Teachers and the K-12 403(b)

Teachers are being ripped off in their 401(k)-like supplemental retirement savings plan, the 403(b). Financial companies are preying on them. Unions and school districts aren't looking out for them. Educators are literally losing out on hundreds of thousands of dollars in retirement savings. In this 5-part series, teachers share how they were sold high-cost annuity products, the barriers they face to getting better, lower-cost investment choices, and the growing advocacy movement working to fix the K-12 403(b). Learned by Being Burned: Teachers and the K-12 403(b). The short series that explores the dysfunctional world of supplemental retirement plans, the maddening industry behind them, and the growing movement to fix what is broken.Â

Publisher

fuzzyville industries

Category

business · education

Language

en

Explicit

No

First episode

25 Feb 2022

Latest episode

27 Apr 2022

Latest episodes

8 episodes in the feed.

1. 

   27 Apr 2022

   The Right Kind of Financial Advice

   The fiduciary advice model couldn't be more different than how most K-12 403(b) products are sold. Fiduciary advisors discuss how they work in the best interest of their clients. Resource for Finding and Working with the Right Kind of Financial Advisor (https://403bwise.org/education/professional) Tony & Dina Isola (https://tonyisola.com/) Delia Fernandez (https://fernandezllc.com/who-we-are)

2. 

   22 Apr 2022

   Series Narrator and Writer

   Teacher Barb Besal discusses narrating Learned by Being Burned: Teachers and the K-12 403(b). Veteran journalist Steve Buel shares how he researched, reported and wrote the series. Barb Besal Pod Teach and Retire Rich Interview from November 2020

3. 

   6 Apr 2022

   A Little Cabin on a Lake

   In the final episode of the series, we share 403(b) advocacy success stories. We also learn how one district moved from 14 vendors to one low-cost option. Finally, we discuss what can be done to continue improving the quality of K-12 403(b) plans, and what role unions, school districts and the government should play in the fight to ensure that teachers and school employees are offered the best possible retirement options.

4. 

   30 Mar 2022

   Why Can't We Do This?

   National grassroots advocacy movement striving to reform the 403(b) faces obstacles from school districts, unions and the insurance industry.

5. 

   23 Mar 2022

   I Just Couldn’t Stomach It

   Teachers learn that breaking up with their financial company is hard to do. They also discover that they can count on little help from their employer, their unions, and the federal government.

6. 

   16 Mar 2022

   My Plans Don't Have Fees, Do They?

   Teachers discover the 403(b) products they have been sold are expensive resulting in hundreds of thousands of dollars in lost savings.

7. 

   10 Mar 2022

   Someone Walked Into My Room

   Teachers describe how they were sold high-cost 403(b) investments. Sales agents detail their tactics.

8. 

   25 Feb 2022

   Trailer

   Learned by Being Burned: Teachers and the K-12 403(b). The short series that explores the dysfunctional world of supplemental retirement plans, the maddening industry behind them, and the growing movement to fix what is broken.

Reach and audience

Public platform figures. Ratings count people who left a rating, not total listeners.

Apple Podcasts (US)

4.8 / 5

56 ratings

Contact Learned by Being Burned: Teachers and the K-12 403(b)

Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.