Teacher services

At NXT Phase Financial Services, we specialize in helping educators better understand the choices of investments available within their school district.  We believe educators deserve personalized financial advice and continuity of advice throughout their careers.  In working with educators over the years, here are two main factors we have discovered.

1. Many admit that they don't have all the facts concerning the 403(b) plan they are enrolled in. High fees may be eating away at hard-earned savings and possibly limiting future growth.
2. Many are unaware they are paying annually for a death benefit (Mortality & Expense charge) in addition to the investment expense of the product they own.

There are two options for most 403(b) plans.  The option to purchase a variable annuity contract and a custodial (mutual fund) contract. The majority of educators we have helped have discovered they have monies invested in variable annuity contracts.  Unfortunately, this option typically costs more due to the mortality & expense feature of the product. 

When was the last time you had your 403(b) plan reviewed?  Do you know how much you are paying in fees?  Are you aware how much these fees are costing you?

We can help.  Using our online calendar below, you can book an appointment to have your 403(b) plan reviewed.  This is a complimentary service to educate and increase awareness.  We look forward to hearing from you.

• Read our 6 part series on 403(b) Plans for more information on the differences between variable annuities and mutual funds.
• Download our free whitepaper "Retirement Questions For Educators" and learn how  you should consider these unique retirement strategy challenges so that you can best prepare to retire on time, and with the income you require.