Are you using all the investment options you have available through your workplace? Are your investments like a 403B managed by a reputable entity? If you want to make the most of your investments so you have plenty to rely on in retirement, you’ve come to the right place! On this episode, we’ll cover eight ways to not get schooled on your 403B account - this one is especially for educators and public servants in Connecticut. Have pen and paper handy - you don’t want to miss a minute of this informative episode! 

You will want to hear this episode if you are interested in...

• Making the most of your 403B account [1:20] 
• Starting your 403B account [3:50]
• Changing your account management [8:00] 
• What investments can you make with a 403B? [13:50]
• Closing thoughts [16:00] 

What is a 403B account? 

I'm sure you’ve heard of a 401k - but do you know what a 403B is? A 403B account is a retirement account for certain employees of public schools and tax-exempt organizations. Participants in 403B accounts often include teachers, school administrators, professors, government employees, nurses, doctors, and librarians.

If you want to start your 403B account, you will do so through your employer. You’ll contribute to your 403B via payroll deductions. Next, you have to determine which provider you’ll use to manage the funds you are investing in. Make sure to pay close attention to your options when it comes to choosing a provider - just because you have a lot of options, it doesn’t mean they are all good quality choices. To hear more about 403B’s and how to make the best decision on investing your money, make sure to tune into this episode! 

Stay informed! 

Over the years I’ve worked hard to keep my clients informed and up to date on what matters most regarding their investments. I don’t want to see hard-working men and women like you make simple mistakes that could be avoided. Take it from me, I’ve heard the stories and I’ve seen the pitfalls, there is a better way! If you want to keep your investments safe, stay informed! You don’t need to have all the answers, you just need to know where to turn. I am so glad that many of you have found a place where you can ask your questions and get helpful advice. If you have a question that you’d like to ask, make sure to leave a comment below! It would also be helpful if you take some time to leave the podcast a review on Itunes or wherever you listen to this podcast. 

Resources Mentioned on This Episode

• Which is Better: Roth IRA or Traditional IRA #25

Connect With Morrissey Wealth Management 

www.MorrisseyWealthManagement.com/contact