Investment Broker Sells 457 Plans To School Districts – Competitive Fees

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A South Texas Insurance / Investment broker has gained new school district clients using competitive investment options through 457 plans. In the past several months three large South Texas school districts have expanded their retirement options to include a 457 plan along side their traditional 403b plan. Fees are a competitive 35 basis points. These districts include Brownsville ISD, Donna ISD and the San Benito ISD, totaling over 12,000 employee lives.

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Ternian Opines On Federal Minimum Value Calculator

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At Ternian Insurance Group, we always consult with our own ACA experts as well as those in the industry before recommending any particular solution. As the buzz around one approach has increased—the carve out of essential benefits using a “loophole” in the CMS essential value calculator—we have approached this idea with a healthy amount of skepticism.

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