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“May the God of hope fill you with all joy and peace as you trust in him, so that you may overflow with hope by the power of the Holy Spirit.” - Romans 15:13

“May the God of hope fill you with all joy and peace as you trust in him, so that you may overflow with hope by the power of the Holy Spirit.” - Romans 15:13

403b vs IRA (3/4) If you’re currently a professor, or a retired one, it’s important to know how your 403(b) account may differ from an IRA managed by a local advisor. The differences mainly boil down to 1) investment options, 2) fees, 3) employer control, and 4) tax efficiency. See my previous post(s) for more info. 3) Employer control 403(b)s are subject to the rules that your employer establishes on the account. For example, there may be a restriction keeping you from accessing your retirement funds until you separate from service (i.e., quit or retire), even if you are 50 ½ or older. On the other hand, your funds in an IRA are subject only to whatever rules the IRS imposes, possibly giving you more freedom to access them when you choose. Have questions? Let’s chat. See Thrivent.com/social for important disclosures.
403b vs IRA (3/4) If you’re currently a professor, or a retired one, it’s important to know how your 403(b) account may differ from an IRA managed by a local advisor. The differences mainly boil down to 1) investment options, 2) fees, 3) employer control, and 4) tax efficiency. See my previous post(s) for more info. 3) Employer control 403(b)s are subject to the rules that your employer establishes on the account. For example, there may be a restriction keeping you from accessing your retirement funds until you separate from service (i.e., quit or retire), even if you are 50 ½ or older. On the other hand, your funds in an IRA are subject only to whatever rules the IRS imposes, possibly giving you more freedom to access them when you choose. Have questions? Let’s chat. See Thrivent.com/social for important disclosures.


Did you know you have until April 15 to maximize your IRA contributions for the 2024 tax year? 📅 Work towards the retirement lifestyle you want to have by saving more now. See thrivent.com/social for important disclosures.

Did you know you have until April 15 to maximize your IRA contributions for the 2024 tax year? 📅 Work towards the retirement lifestyle you want to have by saving more now. See thrivent.com/social for important disclosures.


"The Lord himself goes before you and will be with you; he will never leave you nor forsake you. Do not be afraid; do not be discouraged." - Deuteronomy 31:8

"The Lord himself goes before you and will be with you; he will never leave you nor forsake you. Do not be afraid; do not be discouraged." - Deuteronomy 31:8

403b vs IRA (2/4) If you’re currently a professor, or a retired one, it’s important to know how your 403(b) account may differ from an IRA managed by a local advisor. The differences mainly boil down to 1) investment options, 2) fees, 3) employer control, and 4) tax efficiency. See my previous post(s) for more info. 2) Fees Some mutual funds offered by a 403(b) provider may have high expense ratios, while others may be average or even low. In an IRA, you’ll have access to ETFs, which offer a similar diversified investment approach as a mutual fund, but with lower costs. Using lower-cost securities can be important to the longevity of your retirement dollars, particularly if you are also paying an advisory fee. Have questions? Let’s chat. See Thrivent.com/social for important disclosures.
403b vs IRA (2/4) If you’re currently a professor, or a retired one, it’s important to know how your 403(b) account may differ from an IRA managed by a local advisor. The differences mainly boil down to 1) investment options, 2) fees, 3) employer control, and 4) tax efficiency. See my previous post(s) for more info. 2) Fees Some mutual funds offered by a 403(b) provider may have high expense ratios, while others may be average or even low. In an IRA, you’ll have access to ETFs, which offer a similar diversified investment approach as a mutual fund, but with lower costs. Using lower-cost securities can be important to the longevity of your retirement dollars, particularly if you are also paying an advisory fee. Have questions? Let’s chat. See Thrivent.com/social for important disclosures.


"Peace I leave with you; my peace I give you. I do not give to you as the world gives. Do not let your hearts be troubled and do not be afraid." - John 14:27

"Peace I leave with you; my peace I give you. I do not give to you as the world gives. Do not let your hearts be troubled and do not be afraid." - John 14:27