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 Your Source for Retirement Strategies

Need to better understand Annuities?

Need Lifetime Income...here's how!

The Monetary Sacrifices you make today will be your blessing in the future

ANNUITIES

What is a 403 (b)? 

  • A 403 (b) is a tax code
  • A 403(b) plan is a tax-deferred retirement savings account offered to employees of nonprofit or 501 (c) organizations, including public schools, hospitals, museums, churches and charitable organizations.

What is a 457 (b)?

  • A 457 plan is a kind of defined contribution retirement plan available to state and local public employees, but can also be offered by certain nonprofit organizations.

What is a Roth plan?

  • A Roth 401(k) is an employer-sponsored investment savings account that is funded with after-tax money up to the contribution limit of the plan. This type of investment account is well-suited to people who think they will be in a higher tax bracket in retirement than they are now.
  • If your district offers a Roth feature with its 403(b) retirement plan, you may be trying to decide which to participate in, a traditional or a Roth. Whether to choose a traditional 403(b) plan or the Roth version will depend on your goals and financial circumstances.

The Power of a Tax-Deferral Fixed Indexed Annuity

In the non-tax deferral investment, thanks to compounding interest, your investment will grow to $195,000 in 30 years. However, the same $200 per month investment over 30 years will grow to $378,000 due to the powerful combination of compounding interest and tax-deferral.*

​* Assumes interest rates available