403 (b) Plans
A 403 (b) plan, which is like a 401 (k) for educators and non-profit employees is a great way to prepare for a comfortable retirement and can be an ideal way to enhance your pension or other retirement savings.
At Mountain View Strategic Wealth, we will work with you to take full advantage of this plan. A 403 (b) provides you with the flexibility to make adjustments to your contributions as your needs change. You can increase, decrease, or stop paycheck contributions at any time. We will work with you to determine the right amount to invest up to the federal maximum.
A 403 (b) is a great tax-deferred way to watch your money grow. Since your taxes are deferred until you withdraw from your account, it means that all your earnings stay invested, allowing your portfolio to continue to grow at a higher rate. Typically, when you do withdraw funds, it is when you are retired and will be at a lower tax bracket.
As with managing 401 (k) programs, Mountain View Strategic Wealth has access to software that allows us to view, manage and trade any asset, and provide you with the benefits of comprehensive portfolio management. That means we can provide you with full, holistic account management and wealth planning. It also means that all your investable assets are being professionally managed by one trusted advisor. Studies show that professionally manages accounts outperform unmanaged accounts by 3% or more, net of fees*.
*Russell Investments. “2021 Value of an Advisor Study.” April 2021.