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Topics include education, estate, insurance, investment, retirement and risk management planning as well as basic tips for budgeting.

Retirement Planning

Roth 403(b)

If your employer offers a 403(b) plan, you may have an additional way to fund your retirement: the Roth 403(b).

A Roth 403(b) account option provides you with greater flexibility in your ability to save for retirement using either pre-tax dollars, after-tax dollars or a combination of the two.

Features of the Roth 403(b): A Tax-Sheltered Account (TSA)

Tax-Free Income Source at Retirement

The Roth 403(b) works just like a Traditional 403(b) with one important difference. Roth 403(b) contributions are made using after-tax dollars, whereas Traditional 403(b) contributions are made from pre-tax dollars.

Although Roth 403(b) contributions won't reduce your current income tax liability, they will provide a tax-free income source at retirement (monies must be withdrawn after age 59 1/2 and the account must have been in existence for at least five years).


You can choose to direct your entire annual contribution to a Roth 403(b) or split your annual contribution between a Roth 403(b) and a Traditional 403(b) account in any manner you choose. However, your total annual contribution to all 403(b) accounts (Roth and Traditional) cannot exceed the maximum annual contribution limits for the year in which they are made.

Contributions and Earnings Grow Tax Free

Because a Roth 403(b) is a tax-sheltered account (TSA), your contributions and investment earnings may grow and compound tax free. Withdrawal of your contributions is always tax-free as the taxes have already been paid. Withdrawal of earnings will be tax free if you are over age 59 ½ and the account has been established for at least five years. Your Lincoln Investment financial advisor can give you personalized illustrations based on your circumstances.

Automatic Payroll Contributions

Once you enroll in your plan, automatic payroll contributions provide a convenient and disciplined way for you to save for your retirement.

None of the information in this section should be considered as tax advice. You should consult your tax advisor for information concerning your individual situation.

A plan of regular investing does not assure a profit or protect against loss in a declining market. You should consider your financial ability to continue your purchases over an extended period of time.

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