InvestMyself® 403(b)

At a glance

Product name: InvestMyself® 403(b)
Product type
Mutual Fund
Minimum purchase
$1,000 lump sum or $100 through monthly salary reduction
Account type(s):
403(b)
Cost
$35/year for accounts less than $50,000
Asset-based fee: 0.30% not to exceed $500 annually
Strategy
Mutual Funds; select from 20 options
Download the Fact Sheet

InvestMyself® 403(b) allows you to take control of your contributions and investment selections on your own as you progress To and Through Retirement®.

Key features

Traditional retirement income sources for educators - such as state pensions and social security - often times do not fully replace your income. The NEA Retirement Program is designed to help educators supplement these income sources so you can achieve the retirement you deserve.

  • Our educational videos and intuitive online platform let you enroll in about 15 minutes or less
  • Traditional or Roth 403(b)(7) accounts available (*depending on your school district's plan options)
  • Multiple Vanguard® index funds allow you to diversify your portfolio*
  • Get 24/7 access to your account on SecurityBenefit.com or the Security Benefit mobile app

*Diversification does not assure a profit or insure against financial loss.

The InvestMyself® 403(b) program is an employer-sponsored retirement savings account, available to NEA members. Contributions are made through a reduction in an employee's salary.

An employer may elect to match up to a certain percentage of contributions.

 

403(B)(7) Option

Employer-sponsored retirement savings account

offered by tax exempt organizations, such as

schools. Contributions are made through a

reduction in an employee's salary

 

An employer may elect to match up to a

certain percentage of contributions.

 

Traditional 403(b)(7) Option

 

  • Pre-tax contributions
  • Tax-deferred earnings
  • Taxable withdrawals

 

Roth 403(b)(7) Option

 

  • Contributions made after tax
  • Tax-free earning and withdrawals

          (subject to certain requirements)

 

*Not all 403(b)(7) plans offer a Roth option

IRA Option

Individual Retirement Accounts, independent of

your employer. Contributions are set and made

by individuals as a lump sum on a recurring basis.

 

 

 

 

 

Traditional IRA Option

 

  • Contributions may be tax deductible
  • Tax-deferred earnings
  • Taxable withdrawals

 

Roth 403(b)(7) Option

 

  • Contributions made after tax
  • Tax-free earnings and withdrawals

          (subject to certain requirements)

 

Get Started on Your Retirement

Neither Security Benefit Corporation 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.

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

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.

You should consider the investment objectives, risks, charges and expenses of the mutual funds carefully before investing. You may obtain prospectuses and/or summary prospectus (if available) that contains this and other information about the mutual funds by calling our Service Center at 800.888.2461. You should read the prospectuses or summary prospectuses (if available) carefully before investing. Investing in mutual funds involves risk and there is no guarantee of investment results.

Security Benefit, its affiliates and subsidiaries, and their respective employees, representatives, do not provide tax, accounting, or legal advice. Any statements contained herein concerning taxes were not intended as and should not be construed as tax advice, nor should they be used for the purpose of avoiding federal, state, or local taxes and/or tax penalties. Please seek independent tax, accounting or legal advice.