Best of the worst 403b option choices? Hi, I currently have my money in an Equitable account but I’m hoping there is a better (even marginally) choice. My other options are: Ameriprise Aspire Corebridge (VALIC)–I think this is a sold no go Horace Mann IPX Thanks!!! submitted by /u/Background_Novel_633

If an employer doesn’t match, would you do a Roth or 403b? I’m leaning towards maxing out a Roth then whatever I can budget into a 403b. Is that the correct line of thinking? Edit: this is for a potential job. I would be making about $70/hr (basically double than what I could make anywhere else in my field) with a reasonable COL. My plan is to work here for 2-3 years, save a big chunk of money for a dec…

How to tell if 403b rate of return is good? Help! Hi all, I’m just learning how to figure out my investments, and I’m struggling to understand how to determine if I have a good rate of return. I’m not sure how to tell if my portfolio is doing well or not. I’m not asking y’all to figure it out for me – no worries there! I’m just trying to understand how to figure it out for myself. The light ov…

New job offers 403b and 457b Hi All – I am looking to roll over my 401k ($19k) into a 403b or 457b. I have read a lot of people going for 457 and was actually about to sign up. I called my new employer and learned that they do not contribute to the 457b plan. But they do contribute, double my input, up to 10% with the 403b plan (I sign up for 1%, they contribute 2%, etc.) …

Are we getting hosed on fees with PlanMember 403b or is this normal? Wife is a teacher. She has a pension, but is also contributing to a 403b option. Over the past year or so, she started maxing out and currently has a little over 100k in the account. Unfortunately neither of us is especially sophisticated with this kind of thing, but we have always had the perception that her fees are high. Last year is paid out…

Lost my job, what do I do with 403b account. I recently lost my job. I have money in a 493b account. What do I do with those funds? submitted by /u/NickNackNoe

I have a small 401a and large 403b. Should I withdraw the 401a? Long story short is the company contribution to my 401a is no longer continuing. My base yearly company contribution is now going into my 403b. The 401a has a little over $8k in it and won’t get any more contributed to it since the new policy. My 403b has a healthy amount ($100k+) and I contribute to it. That is reaching the IRS max of $24k a y…

403b vs defined contribution plan Hello! My work offers a a 403b plan, which I am maxing out my contributions for but they also offer a defined contribution plan. I am a newbie to all of this so I want to know if it’s possible/wise to also contribute money to that plan. They are contributing 3 % my salary based on my years of working there. Thanks in advance! submitted by …

Pension + 403b. Am I setting myself up properly? I am 30 and in my state’s teacher pension system (Alabama). I plan to stay in the system until I retire. I have the option to contribute to 403b and get a 5% match through my employer, so I contribute 7%. I make about 53k. Wife is a bit younger, is only in the pension, also plans to stay until retiring. She makes about 55k. My plan has been fo…

Are the limits separate for 401a, 403b, and IRA? My work (state government) has a forced&matched 401a that I don’t control the amount of (6% from me). I also contribute to a 403b and am looking to max that out this year. (Also maxing out an HSA with HDHP). My question is: can I also put money into an IRA? It’s not anything offered by my work, but can I open one with Fidelity or Vanguard or who…

Teacher 403b mistake…advice needed So I made a huge mistake and gave my Roth IRA to Axa/Equitable and started a 403b with them with paycheck contributions. I have approximately 45k in the Roth and 15k in the regular 403b. I’ve don’t a little research and it sounds like I have no option to move this money to a better place unless I leave my current employer. My other 403b options …

New Roth IRA or 403B after surrender index universal life Here’s my questions: -surrender IUL good choice? -Roth IRA or 403B? -With Roth, Vanguard Target Date funds or something else? A financial planner suggested American Funds with aggressive options yielding 10% but he gets a 5%cut the first while on any new money we deposit. Leaning towards taking out the middle man and getting something myself. I’…

Moving states this summer and my wife is a teacher, should we transfer her 403b into an IRA? There is a possibility that we move back to this state in the future but it is not certain. She already has a Roth IRA with vanguard and my plan was to put this 403b money into a traditional IRA. Has anyone left money in a 403b and are there any benefits other than if you move back to that state in the future? For reference, we have two children…

Roth 403B vs Roth IRA I have been delving deep into the minutiae of retirement in the past several months and could not find a real answer to this question. Here’s my current situation, and my question. -M27, teacher (lowish salary, but I make do currently). -5/6 month emergency fund complete in HYSA. -41k total in student loan / car debt (all 5% or less). -I max ou…

Whats a 403b and Child savings account? Hi! I am a 23F with a 1 year old son. I have recently landed a job that pays me $19 (base pay) for working 23.25 hours a week. I do a weekend warrior program so after all my added incentive it comes out to be $22 an hour. I am also starting nursing school in the spring. It wouldn’t effect my work hours but just for reference. My job offers a 403…

Is it better to roll your old employer’s Roth 403b plan to your Roth IRA or new job’s 401k? I’m leaning towards the IRA since it would be better? Not sure. What are your thoughts. submitted by /u/No-Caterpillar8241

Husband passed away and left me insurance money and 403b, what to do? New here. My husband(29/M) passed away 2 months ago due to cancer while I was pregnant and left me his 403b which was $48k. Yesterday, i just received his insurance money about $230k from his workplace. I did not expect to get that amount. He did tell me he has life insurance with his work and he put me and his parents as beneficiaries. I just h…

Vanguard 403b, no option to add contributions? Trying to set up a 403b as a teacher in Texas. Chose vanguard as I have accounts in Schwab (Roth IRA) and Fidelity (Brokerage) and wanted to diversify and have a tax deferred account. However, after signing up and signing into Vanguards 403b site there is no option to elect how much of my paycheck should be contributed to the account. Have atte…

Living off inheritance until it runs out and maxing out my work 403b contributions in exchange? So I (26f) currently have a pretty low income of about $33k a year. I have a pre tax 403b plan that I can contribute up to $20,500 into yearly.. my employer matches 50% of my contributions but only to the extent that my elective referral does not exceed 6% of my earnings per pay period. (I am currently looking to get a job with a pension though)…

Help with 403b asset allocation Hello! Seeking advice on which investments would be best for my 403b. Currently enrolled in the 2060 TDF up to my employer match however I’m thinking the ER is on the higher end (0.27%??). I’m still young (27) so I want to take advantage of time. Let me know what your suggestions are, thank you. TDF: TRP RETIRE 2060 J 0.27% Investment Options: …