As you plan for your future and retirement, exploring the benefits of a 403b retirement plan can be a crucial step towards achieving financial security. At One North Star, we're here to provide insights into the 403b plan and offer expert guidance as trusted 403b financial advisors in Connecticut.
What is a 403b Retirement Plan?
A 403b plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement savings plan available to employees of certain tax-exempt organizations, public schools, and non-profit organizations. Key features of the 403b plan include:
Tax-Advantaged Contributions : Contributions to a 403b plan are made on a pre-tax basis, reducing your taxable income in the year of contribution.
Tax-Deferred Growth : Investments within a 403b plan grow tax-deferred, meaning you won't pay taxes on earnings until you withdraw funds in retirement.
Employer Contributions : Many employers offer matching contributions or other employer contributions to 403b plans, boosting retirement savings.
Why Choose One North Star for 403b Planning?
At One North Star, we specialize in retirement planning and offer comprehensive services for individuals considering a 403b plan:
Expert Guidance : Our Team of Financial advisors has in-depth knowledge of 403b plans and can provide personalized guidance based on your financial goals.
Tailored Strategies : We'll work closely with you to develop a customized 403b plan that aligns with your retirement objectives and risk tolerance.
Comprehensive Services : In addition to 403b planning, we offer a full range of financial services to address all aspects of your financial well-being.
Benefits of a 403b Plan with One North Star
Partnering with One North Star for your 403b planning offers numerous advantages:
Strategic Allocation : We'll help you strategically allocate contributions within your 403b plan to maximize tax benefits and long-term growth potential.
Portfolio Optimization : Our team will review and optimize your 403b investment portfolio to ensure it aligns with your retirement goals.
Ongoing Support : We provide continuous monitoring and adjustments to your 403b plan to keep it on track with your evolving needs and circumstances.
Contact Us Today
Ready to explore the benefits of a 403b retirement plan and plan for your future with confidence? Contact One North Star's team of 403b financial advisors in Connecticut , serving clients in Stamford, Hartford, and beyond. Schedule your consultation today and take the first step towards building a secure and prosperous retirement!
NOTE: Past performance is no guarantee of future results. A risk of loss is involved with investments in capital markets. Please consider investment actions in light of your goals, objectives, cash flow needs, time horizon and other lasting factors.
