Manage Your 403(b) Plan

Contribution

Maximum contribution limits: Pretax and post-tax Roth 403(b) contributions may be made in the same year in any proportion you choose (not all employers allow Roth). However, the combined amount of all elective contributions made in a calendar year is regulated by the limits shown below:

  • Regular annual limit: $18,000
  • 50+ Catch-up annual limit: $23,000 for persons 50 or older

Solutions

At Security Benefit we know that one single investment doesn't fit everyone's needs. As you progress through your career you have different investment and income needs. We offer a suite of products to help you grow, preserve, and receive in come in retirement.

Variable Annuities

Fixed Annuities

Mutual Fund Retirement Plans

Check out our financial calculators to help plan for your future!

Changes

Ask your local financial professional to help you roll your outside retirement plan assets into your account. See roll-overs for more information.

  • Payroll deduction: To make changes to payroll deductions, visit with your district's payroll representative.
  • Investment selection: You may transfer assets to new investments and/or redirect future contributions only by contacting your Security Benefit financial advisor or logging into your account.
  • Personal information: You may update your name, address and beneficiaries by contacting your Security Benefit financial advisor or or logging into your account.
  • How do I change my PIN?: Contact Security Benefit at [email protected] to request a new PIN.

Distribution

To receive a distribution from your 403(b) or 457 account, please contact your financial representative. There may be tax penalties on your withdrawal.

Rollovers

Existing assets in previous employer 401(k), 403(a), 403(b,) and 401(a), as well as assets in traditional, roll-over, and SEP IRA accounts may be rolled into your 403(b) or 457 account at anytime. This is a non-taxable transfer.

To request a rollover, you may:

  • Contact your local Security Benefit financial representative
  • Call Security Benefit customer service at 800.888.2461

Tax Benefits

  • Pretax: Contributions are made before state and federal taxes and earnings grow tax-deferred for qualified distributions.
  • After-tax: Roth contributions are made after tax and investment earnings grow tax-free.

Security Benefit Life Insurance Company is not a fiduciary and the information provided is not intended to be investment advice. 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.
 

Security Benefit, its affiliates and subsidiaries, and their respective employees and 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.