The Value of the 403(b) Retirement Savings Plan

Each school year, we contact our current and former academic clients to discuss the 403(b) Retirement Savings Plan. Many have questions as to the value of this investment vehicle and why they should spend time contributing and managing.

Here are some key points about why a 403(b) is a commendable choice for educators.

1. Tax advantages:

   1. Similar to compound interest, tax-deferred growth lets your Investments flourish over time

   2. Contributions are made pre-tax, helping you reduce your taxable income now and potentially pay less in taxes

2. Long-Term Vision:

   1. In our over 38 years of experience, we have seen how the 403(b) can be a long-term asset

   2. You can benefit from compounded growth over the years as your contributions have more time to grow

3. Diversified investment options

   1. 403(b) plans offer a range of investment options you can invest in

   2. We are here to help you match your risk tolerance to your investment goals

4. Employer match:

   1. Some employers provide a matching contribution to your 403(b)s

   2. This is essentially free money that boosts your retirement savings

5. Retirement security:

   1. Like a solid Educational Foundation, a well-funded 403(b) can provide you with a Secure Retirement

   2. This can help you ensure your dedication to teaching is rewarded with a comfortable retirement lifestyle

6. Flexibility:

   1. Much like adapting teachers’ methods to different students, 403(b) plans allow flexibility and contribution amounts

   2. We are here to help you adjust your contribution as your financial situation involves

7. Control over your future:

   1. Just as Educators shape young minds, 403(b) empowers you to shape your financial future

   2. Secure the retirement you deserve by taking control of your savings today

Remember, the most significant investment you can make in yourselves is your financial well-being. Wherever you are in the process, we are here to help you explore the benefits of a 403b pan and consider a crucial step toward a prosperous retirement.