A 403(b) plan, which is similar to 401(k) for educators and non-profit employees, can help supplement your pension or other retirement savings. It’s specifically designed for education and non-profit professionals, has the flexibility to adjust as your needs change and can help you turn your salary into a more comfortable retirement.
A career devoted to helping others reach their full potential creates unique needs. Find strategies tailor made for education professionals.
Our retirement calculator can help you estimate how much you should save and how much retirement income you could potentially have. Answer four quick questions to find out if you’re saving enough.
We know educators and non-profit professionals are driven by passion. A career in education or as a non-profit employee means devoting your life to helping others reach their full potential. We want to do the same for you, by helping you prepare for a comfortable retirement.
Since 1859, Equitable has helped people build and secure their financial futures. Our 403(b) plan is designed to meet the unique needs of educators and non-profit employees across the country. That’s just one reason why we are the #1 choice for educators in K-12 schools in the U.S. 1 and help thousands of non-profit employees realize their retirement dreams.
Through Equitable Foundation, Equitable Excellence ® is one of the nations largest corporate providers of scholarships for students planning for college, awarding over $30 million per year since 2003. We also support educators by providing grants to schools to help fund their professional education and development.
1 LIMRA, Not-For-Profit Survey, Q3 2023 results based on 403(b) participants and contributions.
This discussion is not intended as legal or tax advice. Accordingly, any advice provided herein is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. Such advice was written to support the promotion or marketing of the transaction(s) or matter(s) addressed, and you should seek advice based on your particular circumstances from an independent tax advisor.
Variable annuities and mutual funds are offered by prospectus, which contains more complete information, including investment objectives, risks, charges, and expenses, and which can be made available from your Financial Professional of the company. Please read the prospectus carefully before you invest or send any money.
An annuity contract used to fund this qualified employer-sponsored retirement arrangement should be purchased for its features and benefits other than tax deferral. For such cases, tax deferral is not an additional benefit of the annuity. You may also want to consider the relative features, benefits and costs of this annuity with any other investment that you may have in connection with your retirement plan or arrangement.
Equitable believes that education is a key step toward addressing your financial goals, and we've designed this discussion to serve simply as an informational and educational resource; it does not offer or constitute investment advice and makes no direct or indirect recommendation of any particular product or of the appropriateness of any particular investment-related option. Your needs, goals, and circumstances are unique, and they require the individualized attention of your financial professional. But for now, take some time just to learn more.
Annuities issued by Equitable Financial Life Insurance Company (NY, NY) or by Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company with an administrative office in Charlotte, NC, and co-distributed by affiliates Equitable Advisors, LLC and Equitable Distributors, LLC, New York, NY 10105. The investments in this program are subject to investment risks, including possible loss of the principal invested. They are not insured by the Federal Deposit Insurance Corporation nor are they deposits to, obligations of, or guaranteed by any bank.
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