403(b) Plans

The NEA Retirement Program offers the convenience and flexibility of a 403(b) retirement plan.

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).

The NEA Retirement Program is trusted by educators
We are proud to partner with Security Benefit as the provider of our NEA Retirement Program. Security Benefit has a long track record of helping educators achieve their retirement goals.
130+
years
of experience and insight for building financial futures
Top 5
provider
of 403(b) plans for educators in the U.S.
20+
years
of partnership with NEA Member Benefits, with over 3 million members

What to Expect During the Enrollment Process

step 1
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.

step 2
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.

step 3
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.

Ready to get started?
Start Planning Now

 

If you have questions, please call Security Benefit at 1-800-632-8258

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Explore our library of online tools and articles about retirement planning topics. Get the information you need to create the future you deserve.
Retirement Learning Center

† LIMRA Q4 2023 Not-for-Profit Market 403(b) Segment Contributions in K-12.

This information is provided by Security Distributors in connection with the NEA Retirement Program 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 products available under the NEA Retirement Program, directly or through authorized broker/dealers, pursuant to an agreement with NEA Member Benefits (“MB”). 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.