Can I transfer my existing 403(b) from another company to the CTA 403(b)?

Absolutely! 

In fact, educators often make the switch to the CTA 403(b) for various reasons, such as wanting to reduce fees or gain access to better investment options for their hard-earned money. But how does this transfer, or "transaction", actually work?

Let's break it down.

Moving your retirement savings from your old 403(b) plan to the CTA 403(b) Retirement Savings Plan is what we mean by a transaction. 

To make this happen, there are specific steps you need to follow and paperwork to complete. Don't worry, we'll guide you through the process.

Now, before you decide to consolidate your existing 403(b) account into the CTA 403(b), it's crucial to consider surrender fees and penalties. 

It's essential to determine if any of these charges apply to you. To find out, you can contact your current provider and inquire about surrender fees or penalties associated with transferring your account. Additionally, our dedicated CTA 403(b) team is here to help you navigate this issue and provide assistance if needed.

So, if you're considering moving your existing 403(b) to the CTA 403(b), rest assured that it's usually possible. 

We're here to support you throughout the process, answer any questions you may have, and ensure a smooth transition to the CTA 403(b) Retirement Savings Plan.