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First Investors Corporation Encourages Teachers to Educate Themselves About 403(b)sNew York, NY, September 2, 2009 - As teachers return to the classroom this fall, First Investors Corporation is reminding them to educate themselves about their retirement options. One advantage public school employees have is the ability to open a 403(b) account to invest for their retirement. Contributions made to a traditional 403(b) will be deducted before taxes, and interest will grow tax deferred until the employee is ready to withdraw it. A 403(b) is an excellent way to build a nest egg, and the sooner a person can begin contributing to an account, the more time it will have to grow. That is why First Investors is encouraging all eligible teachers to get started, and open a 403(b) account this fall. Educators who have already opened 403(b) accounts, and are concerned about how the recent downturn has affected their investments, are encouraged to speak with a financial professional, such as a First Investors Financial Services Representative. Now may be the right time for them to adjust their current strategies and rebalance their assets among stocks, bonds and cash to a mix that better suits their needs. “Teachers have a very difficult and important job,” said Robert M. Flanagan, President of First Investors Corporation. “That is why we want to make investing for retirement easier for them. At First Investors, our representatives work with school districts and their employees nationwide, providing quality products and services for their 403(b) programs. This fall, we hope to help even more educators with their 403(b) needs.” First Investors has been in business since 1930. During that time we have successfully navigated many difficult economic periods in our nation’s history. Through the personalized service of financial services representatives located in our nationwide network of offices, First Investors uses a face-to-face approach to offer a range of products and services, including mutual funds, annuities and life insurance. Our representatives understand the cyclical nature of the markets, and work closely with clients to establish a disciplined approach to achieving long-term financial goals. For more information on any First Investors fund, you may obtain a free prospectus by calling (800) 423-4026; writing to First Investors Corporation, 110 Wall Street, New York, NY 10005; or visiting the website www.firstinvestors.com. You should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus contains this and other information about the fund, and should be read carefully before investing. An investment in a fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Past performance is no guarantee of future results.
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