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Financial Fitness Blog

It's easy to avoid the inactive account minimum annual fee

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Jay LukasThere is a minimum annual fee of $25 for an inactive WEAC IRA and/or WEA TSA Trust 403(b) account with balances less than $5,556 (IRA) or $7,143 (403(b)). Inactive accounts are accounts with no contributions within a calendar year.

You can avoid the fee by making a single contribution at any time during the calendar year if you qualify. Also consolidating other accounts into your WEAC IRA and/or WEA TSA Trust 403(b) account could help reduce the amount of fees you are paying.

Give us a call at 1-800-279-4030 to review your account and discuss other factors you may need to consider when consolidating.

Jay Lukas, Assistant RIS Consultant

Did you change where you bank or move to a new address?

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Laura KampsHave you moved recently or are you planning on moving over the summer? Make sure your electronic contributions to your WEAC IRA and/or personal insurance continue without interruption by notifying us if you have changed where you bank or if your account information has changed.

Likewise, if you have moved, please contact us with your new address to ensure timely delivery of important information.

  • Contact us directly at 1-800-279-4030 or log into yourMONEY to change your address on your retirement savings accounts.
  • If you also have your auto or home insurance with us, you can use our online Policy Change Request application or call 1-800-279-4010 to make the change.

Laura Kamps, RIS Specialist

Summer comes, and summer goes

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Brenda EcheverriaLet us answer your retirement savings questions and make sure your auto and home insurance is providing you and your family the protection you need.

Free summer financial planning consultations and insurance consultations fill up fast. Call now to schedule yours.

  • Financial consultation: 1-800-279-4030
  • Insurance consultation: 1-800-279-4010

Or sign up now for your personal consultation at weabenefits.com/consults.

Brenda Echeverria, Financial Planner