Build a Strong Financial Future with an NEA 403(b) Plan
Start saving for retirement with flexible 403(b) options designed for educators. Discover tax-advantaged ways to invest in your future and secure long-term financial stability.
Why open a 403(b) retirement plan?
Automatic payroll deduction
Created with educators in mind, 403(b) contributions can be deducted from your paycheck, giving you a steady path to retirement savings.
Higher contribution limit
Contribution limits for 403(b) accounts are on par with 401(k) contribution limits and much higher than IRA contribution limits, making 403(b) plans a good choice for supplementing a pension plan.
Traditional and Roth savings options
Depending on your plan, you may choose to pay taxes when you contribute to your savings or when you withdraw after retirement.
Take it with you
If you change jobs, your 403(b) can be carried into a new district or rolled into an IRA or 401(k) (if offered by your new employer).
What to Expect During the Enrollment Process
Sign-in with NEA Member Benefits
Choose whether you want to work with a financial professional or enroll in a self-guided retirement plan. Your information will be shared with our partner Security Benefit to make enrollment easier for you.
Online enrollment with Security Benefit
Confirm your information and your earlier choices. Then, choose whether you would like to enroll in a 403(b) plan or an IRA. If you choose to work with a financial professional, Security Benefit will connect you with a NEA Retirement Specialist in your area.
Complete Enrollment in your Retirement Account
After all your online forms are complete, you’ll need to establish contributions into your new account. You can also rollover or consolidate accounts. If you choose to work with a financial professional, you’ll set up an account with that NEA Retirement Specialist.
Marketing services in respect of InvestMyself 403(b) | IRA are provided by Security Distributors, LLC. Security Benefit executes all fund transactions through Matrix Settlement and Clearance Services, LLC (MSCS) omnibus arrangement.
The NEA Retirement Program (“NEA Program”) provides investment products for retirement plans sponsored by school districts and other employers of NEA members and individual retirement accounts established by NEA members. Security Distributors and certain of its affiliates (collectively, “Security Benefit”) make these products available to plans and accounts pursuant to an agreement with NEA Member Benefits (“MB”), which markets the NEA Program. Security Benefit has the exclusive right to offer the products directly or through other authorized broker/dealers, and MB in marketing the NEA Program generally may not enter into arrangements with other providers of similar investment programs or otherwise promote to NEA members or their employees any investment products that compete with the NEA Program products. Security Benefit pays an annual fee to MB under the agreement. You may wish to take into account this agreement and arrangement when considering and evaluating any communications relating to NEA Retirement products.
NEA and MB are not affiliated with Security Benefit. Neither NEA nor MB is a registered broker/dealer. All securities brokerage services are performed exclusively by your sales representative’s broker/dealer and not by NEA or MB.
NEA Retirement Specialists, when making recommendations to an NEA member, offer only Security Benefit products.
Security Benefit pays an annual fee to NEA MB for the exclusive right to offer the products in the NEA Retirement Program and to provide marketing, advisory, fiduciary, and other services to NEA Members and for the NEA Retirement Program. In 2024 the annual fee amounted to approximately $4 million. Receipt of the annual fee creates a potential conflict of interest and gives NEA MB an incentive to partner with Security Benefit to make the Program available to NEA Members. To address this conflict, NEA MB conducts on-going due diligence on Security Benefit to ensure that NEA Members benefit from the products and services offered by Security Benefit. NEA MB also discloses this relationship to NEA members in educational, marketing, and promotional materials. You may wish to consider this arrangement and any possible conflict of interest when considering and evaluating any communications or recommendations relating to NEA Retirement products.
Neither Security Benefit nor its affiliates are fiduciaries. This information is general in nature and intended for use with the general public. For additional information, including any specific advice or recommendations, please visit with your financial professional.
Services are offered through Security Distributors, an indirect subsidiary of SBL Holdings, Inc. (Security Benefit)