In Taylor v. Midland Nat’l Life Ins. Co., No. 5:23-cv-04125 (N.D. Cal.), the plaintiff alleges that Midland National Life Insurance Company violated California's Education Code and the California Unfair Competition Law by charging undisclosed and unauthorized fees within her 403(b) retirement savings account. The California Education Code provides that 403(b) vendors such as Midland 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. Midland is accused of violating the Code by charging rider fees related to indexed annuities purchased by California teachers within their 403(b) accounts that were not disclosed on 403bcompare.com. The plaintiff seeks equitable restitution and injunctive relief to address these unlawful and unfair practices and ensure proper disclosure moving forward.