In Blanchard v. Americo Fin. Life and Annuity Ins. Co., No. 23CV001991 (Sup Ct. Cal.), a group of California public school educators allege that Americo Financial Life and Annuity Insurance Company violated California's Education Code and the California Unfair Competition Law by charging undisclosed and unauthorized fees within their 403(b) retirement savings accounts. The California Education Code provides that 403(b) vendors such as Americo cannot charge any fees that are not explicitly disclosed on 403bcompare.com, a website established under the Code. This requirement aims to provide transparency and enable informed decision-making for teachers when planning for retirement. Americo is accused of violating the Code by charging fees within indexed annuities purchased by California teachers within their 403(b) account that were not disclosed on 403bcompare.com. The plaintiffs seek equitable restitution and injunctive relief to address these unlawful and unfair practices and ensure proper disclosure moving forward.