The Choice Channel

“For many years, my mother taught in a sunny, spacious classroom in our neighborhood school in St. Louis. She was such a wonderful teacher that every year parents lobbied the principal to secure spots for their kids in my mom’s class. I used to tell her that she should be proud that she was in such demand, but my mom abhorred the fuss. Ironically, what she did feel good about was her 403(b) retirement plan. When she retired, she was pleased with the cash she had squirreled away in her tax-sheltered annuity. As it turned out, my mom was a master at motivating fourth-graders, but she knew less than a dilettante about what was inside her retirement account.” (11/28/06)