403(b) and IRA

403(b) and IRA

As a participant in the WEA TSA Trust 403(b) or IRA programs, you can expect:

Low fees. We have one low administrative fee with an annual fee cap.* (Mutual fund management fees may apply.) You won’t find additional fees often charged by for-profit companies. This means more of your money is working for you.

Tax advantages. We offer both before- and after-tax (Roth) savings options.

Choice in investments. No-load mutual funds and the Prudential Guaranteed Investment** provide the flexibility you need to manage risk and build a diversified portfolio.

24/7 online account access.

Rollovers and transfers

In just a few easy steps you can move your 403(b) or IRA invested with other institutions to a WEA TSA Trust 403(b) or WEAC IRA account.

Schedule your personal consultation

N’Kenza Whitlow, your local retirement savings consultant located in the MTEA building, is available to help you with your retirement savings needs. Contact N’Kenza for an appointment at 414-259-1990. Personal consultations are held at the MTEA Building at 5130 W. Vliet St., Milwaukee.

*Minimum annual fee of $25 for inactive accounts. Inactive accounts are accounts with no contributions or distributions within a calendar year.

**Interest is compounded daily to produce the current annual yield prior to the deduction of program administrative fees. Contributions and earnings are held in the general account of Prudential Retirement Insurance and Annuity Company (PRIAC). Principal and net credited interest are fully guaranteed by PRIAC. Such guarantees are based solely upon the financial strength and claims-paying ability of PRIAC. For more information go to weabenefits.com/pru.

The Trustee Custodian for the WEAC IRA accounts is Verisight Trust Company.

The 403(b) retirement program is offered by the WEA TSA Trust. TSA program registered representatives are licensed through WEA Investment Services, Inc., member FINRA.

Keep in mind that mutual fund investments are not guaranteed and may gain or lose value. Past performance is no guarantee for future results. Future performance may be lower or higher than past performance.

Before investing in any mutual fund, call WEA Member Benefits at 1-800-279-4030 to request a prospectus. We advise you to read it carefully and consider the fund’s investment objectives, risks and charges and expenses carefully before investing. The prospectus contains this and other information about the investment company.