About 403(b)wise

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Education
Advocacy

Our Story

“403(b)wise is a labor of love that combines my experience as a journalist and a teacher, my interest in saving for retirement, and my disdain for those who prey on the financially uninformed.”   — Dan Otter

403(b)wise was launched in March 2000 by Dan Otter and John Moore, two educators fed up with the lack of objective 403(b) information available to participants. If information was provided at all to employees, it was usually through sales pitches in classrooms, lunchrooms and union offices. In fact, Dan first learned about the 403(b) when a representative waltzed into his classroom one afternoon pitching something called “TSAs.” He declined to enroll. It was only several years later that he learned this salesperson was selling high-fee variable annuity products.

In the years since our launch, 403bwise has been mentioned in Kiplinger, Money Magazine, Los Angeles Times, NY Times, US News & World Report, Wall Street Journal and the Washington Post. Dan has appeared on NPR and on Bob Brinker's radio show. In 2012, Money Magazine named him one of 40 who have made "extraordinary efforts to improve others' financial well-being." Additionally, he is a two-time winner of The National Association of Government Defined Contribution Administrators, Inc. (NAGDCA) Media Recognition Award. While John left in 2005 to pursue other endeavors, the goal of the site remains the same as the day it launched: education and advocacy.

Dan is a former journalist, and a veteran teacher. He has taught elementary school (California), middle school (Maryland and New Mexico), and high school (New Mexico). He currently teaches at the University of New Mexico. Dan is the author of Teach and Retire Rich and Financial Literacy for the Young (and the Young at Heart). Both books are available in the 403(b)wise Bookstore.