- No minimums to get started
- Tax-deferred retirement savings
- Your contributions are always yours, even if you change jobs
- Convenient way to save through payroll deductions
- Wide range of no-load mutual funds available
Contributions & Fees
How much can I contribute?
- Under Age 50: Payroll deductions up to $18,000*
- Age 50 or Older: Payroll deductions up to $18,000*, plus $6,000* in catch-up contributions
- 403(b)s and 457(b)s allow additional catch-up contributions too
- 403(b) combined employee and employer contributions (excluding catch-up) cannot exceed 100% of your pay or $54,000*, whichever is less
*Limits listed are for 2017, set by the IRS sets annually
- Pretax contributions reduce your current income
- Roth contributions are taken after taxes, but allow tax-free qualified withdrawals when you retire (Not available on all plans)
- Waived if you have $10,000 or more in investments; $15.00 annual custodial fee per fund if you have less than $10,000
Get more details about 403(b)/457(b).
Support & Guidance
- One-on-one guidance
- Education and tools to help you plan for retirement
- Help available by phone at 1-800-345-3533 or online 24/7
Manage Your Retirement Investments Easier
Having all of your retirement savings in one place can make it easier to track your progress toward your goal. Consider consolidating your investments with us. Complete the Request to Transfer form to get started.
This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.
Diversification does not assure a profit nor does it protect against loss of principal.
IRA investment earnings are not taxed. Depending on the type of IRA and certain other factors, these earnings, as well as the original contributions, may be taxed at your ordinary income tax rate upon withdrawal. A 10% penalty may be imposed for early withdrawal before age 59½.
Please consult your tax advisor for more detailed information regarding the Roth IRA or for advice regarding your individual situation.
Taxes are deferred until withdrawal if the requirements are met. A 10% penalty may be imposed for withdrawal prior to reaching age 59½.