Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Before you completely give up on your 403B, check and see if your school has more than one provider. Many school systems offer as many as five or more different providers for their 403b. You might find one that is more cost effective than your current plan.

While a Roth is a great option, your ability to save for retirement in a tax-advantaged manner is limited by the contribution caps. You can put only $5500 a year into your Roth but you can probably put as much as ~ $17,000 a year into your 403b.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement