The benefits of having a 403(b).
You can set up your 403(b) any way you want.
Sign up and decide how much you want to contribute.
Your contributions are automatically deducted from your paycheck. You can change how much you contribute at any time. Since your money goes in before taxes are taken out, your savings can grow faster.
What are your 403(b) contribution limits?
catch-up contributions if you’re over 50 years old
*These are the contribution limits for 2016. Contribution limits can vary by year.
Choose the way you want to invest.
Unlike a pension, a 403(b) lets you invest the way you want. Choose your own investment strategy. Or get personalized guidance from a financial professional.
Select your investment path.
By Retirement Date
By Risk Tolerance
Build Your Own
Your investments become more conservative as your retirement approaches.
Your investments are selected based on the kind of investor you are, from conservative to aggressive.
You have the freedom to select from a wide range of investment options.
Your money grows tax-deferred over time as interest adds up and your investments potentially increase in value.
A 403(b) plan allows you to make contributions on a pre-tax basis. This means you won’t pay taxes on what you put in and your current taxable income will decrease. You also won’t pay taxes on any earnings in your account until you withdraw them, so your money may grow faster than it would in a taxable account.1
How much more could you make with tax-deferred savings?
You could earn $10,000 more in a tax-deferred account if you saved $50/month for 30 years.*
*Assumes a hypothetical 6% annual rate of return, which is not guaranteed, over 30 years and a 25% income tax rate. It does not account for taxes, product fees or charges and is intended for informational use only. This is not representative of a specific investment or AXA product. Actual results will vary. All examples are hypothetical and for illustrative purposes only.
Enjoy your retirement, the way you want to.
A 403(b) plan can help not only with day-to-day needs, but also with the extras that make retirement enjoyable, like travel, hobbies, home improvements, and other purchases.