Roth IRA or Roth 403b: Making Best Investment Account Choice for Higher Education Retirement Plans

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Greg Shepard - S&A Financial Services, Inc.

Higher Ed Employees - Roth IRA or Roth 403(b)?

Join Greg Shepard from S&A Financial Services in this informative YouTube video focused on helping higher education professionals make the optimal investment account choice for their retirement plans.

Greg addresses the question of whether a Roth IRA or a Roth 403b is a better option, shedding light on the key differences between the two.

He emphasizes the importance of consulting with a specialized financial advisor who understands the intricacies of higher education retirement plans.

Discover the income caps and contribution limits associated with each account type, and learn how a Roth 403b can be advantageous for high-income earners.

Greg shares a real-life example to illustrate the potential benefits of the Roth 403b and highlights the possibility of spillover contributions to a Roth 457.

Don't miss this opportunity to explore the best investment options for your future. Watch now and make informed decisions about your retirement planning.

NO INCOME RESTRICTIONS FOR ROTH 403(B)!!
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*Disclosure* S&A Financial Services, Inc. is a registered investment advisor. Content presented is for informational purposes only and should not be considered as investment advice or as an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Always consult with your tax advisor or attorney regarding your specific situation.

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Комментарии

Can I do backdoor roth IRA and Roth 403b at the same time? Thanks for the great video.

mattematti

Thank you for the clear concise explanation.

yolondafowler

My daughter is part of the school district admin in Marshalltown. I am of the understanding that she can (legally) contribute $6, 500 to her Fidelity ROTH -AND- still contribute up to $22, 500 each year into a ROTH through the district's 403b plan. I am guessing that she will never max out both; however, by her having a Traditional ROTH outside of the district's 403b, she has the ability to choose form many more funds that she would not have access to otherwise. Do you see any problem with my line of thought here?

ron

My employer currently contributes 10% to my 403B. It’s not a match. They contribute whether employees contribute or not. I’m 47.5yrs old. At 50yrs old their contributions go to 15%. I’m considering switching to Roth 403B as I learn more about it but I’m nervous abt the hit that my net pay will endure. My question:
1) if I switch to Roth does my company’s portion remain in the traditional 403b?
2) Will I have the option to switch a portion to Roth 403b and a different portion to traditional 403b?

Herhighness

Does contributing to my Roth 403b affect my contribution limit to my Roth IRA? Thank you!

HolaStallvito

hi if I have 403b yearly invest 19k can i do Roth ira 8k i m 50 year old ?

tonyg

Roth IRA or Roth 403b: Making Best Investment Account Choice for Higher Education Retirement Plans

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