Retirement Education Homeroom

Your Teacher’s Pension may not be enough in retirement

Most school employees find that their pension only replaces a portion of their working income. But, a 403(b) plan can supplement this and help you live the retirement you deserve.

A 403(b) is a retirement savings plan designed specifically for public school employees. They work alongside your pension, helping to fill your retirement income gap—the difference between what your pension may pay and what you will need.

Saving in a 403(b) allows you to:

Take control of your retirement security by contributing directly to a 403(b) savings plan through payroll deductions.

Accumulate money on a tax-favored basis, to supplement your pension or another retirement plan.

Keep your money, no matter where you go. Transfer your savings to other employer plans or into a traditional IRA if you leave your job.

Your financial professional can help you move funds and recommend changes to your portfolio.

Learn more about your retirement options and your state's pension grade at