NEA® DirectInvest®

At a glance

Product name: NEA® DirectInvest®
Product type
Mutual Fund
Minimum purchase
$25 per pay period or $1,000 lump sum
Account type(s):
403(b)
Cost
$35 per year for accounts less than $50,000
Surrender charges
N/A
Strategy
38 Investment Options

Are you a member that feels confident in your ability to plan for retirement yourself?

Key features

You should consider DirectInvest® if:

  • You are familiar and comfortable with transacting financial business over the internet
  • You understand investment principles and strategies
  • You have your own plan for closing the retirement gap

If DirectInvest® sounds like the option for you, take a closer look at the link below for more information.

NEA® DirectInvest® is part of the overall NEA Retirement Program and is a voluntary 403(b)(7) retirement savings and investment program designed for educators. For NEA Members who feel confident enough to make their own retirement planning decisions, there’s an online way to invest in the NEA Retirement Program. DirectInvest® offers a convenient way to invest through a secure internet connection.

To see whether NEA DirectInvest® can complement your retirement portfolio, please visit this page to learn more.

You should carefully consider the investment objectives, risks, charges, and expenses of the investment options available under the variable annuities offered. You may obtain a prospectus that contains this and other information about the investment options or variable annuity by calling our Service Center at 800.888.2461. You should read the prospectus carefully before investing. Investing in variable annuities involves risk and there is no guarantee of investment results.

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.

The NEA DirectInvest 403(b)(7) is a Custodial Account under § 403(b)(7) of the Internal Revenue Code. 

NEA, NEA Member Benefits and the NEA Member Benefits logo are registered service marks of NEA’s Member Benefits Corporation.

Securities are distributed by Security Distributors, a subsidiary of Security Benefit Corporation (Security Benefit).