NEA® IRA Certificate of Deposit
Patience brings savings rewards. Nurture your retirement savings with an IRA CD. Choose a fixed term from three months to 10 years—the longer you leave your deposit untouched, the more you’ll earn.
NEA Retirement Program
Get educational resources and investment products to plan for a more secure financial future
Sign In to Check EligibilityIn partnership with
overview
Start building a better financial future now
With the NEA Retirement Program, you can capitalize on resources and investment opportunities to save for retirement. Choose from a wide range of options and get 24/7 access to manage your funds.
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Take advantage of 403(b) tax deferred retirement accounts - Choose from traditional IRA and Roth IRA accounts
- Find investment solutions no matter where you are in life—choose from mutual funds, fixed annuities and a variable annuity
- Tap into DirectInvest®, a self-directed, web-based account for the do-it-yourselfer
- Count on a national network of NEA Retirement Specialists who can provide advice and periodic account reviews
- Explore web-based and in-person educational resources that provide retirement planning fundamentals
how it helps
The easy way to supplement your retirement income
Traditional retirement income sources for educators—such as state pensions and social security—were never designed to provide full income replacement. The NEA Retirement Program gives you an easy, low-cost way to supplement your retirement income. And since you have full control of your NEA retirement account, you have the flexibility to manage investment options and withdrawals.
As an NEA member, you’ll enjoy these exclusive benefits:
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Invest with as little as $25 per pay period
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Get access to DirectInvest®, a self-directed, web-based 403(b) investment account
You deserve a secure financial future… let us help you create it!
Whether you are just starting your career, already retired or somewhere in-between, the NEA Retirement Program offers educational resources and investment products to help you manage your retirement planning and income needs.
How It Works
Choose the options that best suit your needs
- The primary investment vehicle in the NEA Retirement Program is a 403(b) tax deferred account. A 403(b) lets you save pre-tax money for retirement.
- You can also choose from traditional and Roth IRAs, fixed annuities and a variable annuity.
- The NEA Retirement Program is offered in partnership with Security Benefit, a leader in the U.S. retirement market providing a customized suite of retirement solutions for employers and individual investors.
How to get started
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Use these calculators to help you determine where you are in your retirement planning:
• Five-minute Retirement Checkup: Where are you now, and where do you need to be? Take five minutes to answer a few questions and you’ll get a retirement savings snapshot, plus additional planning resources.
• Retirement Income Calculator: Get personalized projections of your specific state pension and other financial accounts. -
Work with an NEA Retirement Specialist. To find your local representative, use this locator tool or call 1-800-632-8258.
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Use the DirectInvest online tool to self-manage your investment account.
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Once you establish your 403(b) account, your contributions will be made through payroll deduction. You can always access your account by logging in to your account or calling 1-800-632-8258.
For more information or to manage your account:
Download the most recent NEA Retirement Program Monitor Reports:
- April 2020 (.pdf, 70K)
- March 2020 (.pdf, 70K)
- February 2020 (.pdf, 70K)
Download the most recent NEA Member Benefits Form ADV:
- November 2019 - Part 1 (.pdf, 88K)
- November 2019 - Part 2A (.pdf, 808K)
Security Benefit helps educators secure their retirement.
We’ve partnered with Security Benefit because they are a recognized leader in the U.S. retirement market.
The Security Benefit Charitable Trust, established more than 35 years ago, pledges millions of dollars each year to improve the community, including providing support to education programs. Security Benefit has also been a corporate sponsor of The NEA Foundation’s Annual Salute to Excellence in Education Gala.
FAQs
Your questions, answered
What is the NEA Retirement Program?
It’s a supplemental retirement savings solution that offers educational resources and investment products to help you plan and save for a more secure financial future.
What are my investment options?
You can choose from a 403(b) tax deferred account, traditional and Roth IRAs, fixed annuities and a variable annuity.
How much do I have to invest per pay period?
As an NEA member, you have the ability to invest with as little as $25 per pay period. Of course, you can always invest more, and you can vary your contributions as you see fit.
Can I access and manage my money?
Yes. You have 24/7 access to your account information. You can manage your money by working with an NEA Retirement Specialist who provides guidance and advice or you can use DirectInvest, our self-directed online investment tool.
How do I get started?
If you’d like to work with an NEA Retirement Specialist, use the NEA Retirement Specialist locator tool or call 1-800-632-8258 to find your local representative. Or, if you prefer, you can use the DirectInvest online tool to self-manage your investment account. Go to DirectInvest now.
Related Info
Important Information
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’s wholly owned subsidiary, NEA’s Member Benefits Corporation (“MBC”), which markets the NEA Program. Security Benefit has the exclusive right to offer the products directly or through other authorized broker/dealers, and MBC 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 MBC 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 MBC are not affiliated with Security Benefit. Neither NEA nor MBC is a registered broker/dealer. All securities brokerage services are performed exclusively by your sales representative’s broker/dealer and not by NEA or MBC.