Participants in public school 403(b) plans will get some of the same disclosure information and protection as their 401(k) counterparts, thanks to new recommended transparency standards announced Wednesday.

The 403(b) Transparency Taskforce, which includes the National Education Association, the National Tax Sheltered Accounts Association and ASPPA, launched the new 403(b) Model Disclosure form.

And for the first time, public school employees with 403(b) plans will receive full disclosure of fees and services attached to those vehicles.

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