If you participate in a 403(b) plan, you can contribute a portion of your salary to a retirement account. We have agreements with ASPIRE and Oppenheimer Funds to assist you in setting up and servicing a 403(b) account through your school’s plan. Your Program You may be able to participate in your school’s 403(b) Retirement Plan program. Benefits of 403(b) plans include: • Tax deferred savings • Convenient payroll deduction • Wide range of investment options • Thousands of Mutual Funds Available • May be possible to combine with other existing retirement assets • No load funds available • Independent advisor to assist you Tax Savings Your contributions are made to your 403(b) account BEFORE taxes are taken out. As a result, your taxes are reduced. Here’s an example: $100 contribution X 31% Marginal Tax Bracket (25% federal, 6% NYS) $31 per contribution withholding $100 contribution -$31 withholding decrease $69 decrease in take home pay Each $100 contribution to your 403(b) would only decrease your take-home pay by $69. This puts more money to work for you.