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What About 403(b) and 457 Retirement Investments of Nonprofit Employees?

As many of you know, the financial markets are a mess these days.  The major newspapers are replete with various angles on the situation.  Like many of you who work for nonprofits, my employer also makes available to me and my colleagues a variety of 403(b) and 457 retirement savings vehicles.  Is there anything that we should be concerned about regarding our retirement savings?  I say it never hurts to take a close look at what you have and where you have it.  Ask PLENTY of questions.  Some of the major 403(b) and 457 providers have on their websites information about the stability of their particular retirement investment holdings: TIAA-CREF (www.tiaa-cref.orgwww.aigretirement.comwww.fidelity.comwww.morningstar.com.  If anyone has any thoughts about this issue, please let us know.

DAB

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