EP 17 - How To Maximize Your 403b
from Washington State Retirement Planning Hosted by Ethan Meikle
In this Washington Retirement Planning Podcast episode, I share actionable strategies to get the most out of your 403(b) retirement account. Learn about contribution limits, creative funding techniques, and tax-efficient setups like Roth 403(b)s. I also explain how to choose the best providers, optimize investment options, and navigate hidden benefits like the 15-year catch-up rule. Plus, I address a listener’s question about health insurance options for early retirees. Tune in to maximize your retirement savings and ensure a secure financial future! 0:00 - Introduction: Why 403(b) plans matter 0:30 - Key strategies to maximize your 403(b) contributions 1:55 - Understanding annual contribution limits and catch-up options 3:06 - Creative ways to fund your 403(b) using existing savings 3:58 - Timing contributions with extra income like coaching or bonuses 6:10 - Getting the right 403(b) plan from the start 6:55 - Choosing the right investments 7:56 - 403(b) loan provisions 8:42 - Tax considerations: Pretax vs. Roth contributions 12:17 - Question: Health insurance, Medicare 15:54 - Health insurance options for retirees under 65 (PEB and beyond) 16:33 - Free guides to accessing and transferring 403(b) funds Check out these too: Free Washington Retirement Planning Community Plan 3 Investment Advice Schedule Meeting More free resources at WATRSPERS.com
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