403(b) & 457(b)
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457(b) Savings Plan

  • Employer-sponsored plan with oversight by TCG Advisors and a committee of Superintendents/CFO’s.
  • High-quality, low fee investment options.
  • No commissions.
  • No federal penalties to withdraw funds from account. Income tax still applies.
  • Choose between target date funds, risk-based portfolios, or self-directed mutual funds.

403(b) Savings Plan

  • Multi-vendor plan. You must research from a list of 50+ vendors and decide the best fit for you.
  • Fees and investment options vary per vendor.
  • Commissions vary per vendor.
  • 10% early withdrawal penalty (goes away at age 59 1/2 or age 55 if retired).
  • Investment options vary by vendor, including fixed/variable annuities and mutual funds.