retirement

Retirement account comparison

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Compare the 403(b), Roth IRA, and Traditional IRA

Learn about contribution limits, withdrawals, and eligibility.

Unsure which account is best for you? Give us a call at 1-800-279-4030. We’re here to help.

Account typeContribution limits (2019)When can I start withdrawing funds?Who is eligible?
403(b)

This account offers a variety of investment options. Employee contributions may be made on a pre-tax and/or after-tax (Roth) basis. Employer contributions are pre-tax.

Under age 50: $19,000


Age 50 or older: $25,000
Age 59½ OR separated from service during or after the year in which you turn age 55, separated from service before age 55 and take substantially equal payments for a minimum of five years, are disabled, or qualify for a hardship distribution for tax deductible medical expenses.Employees of schools and other non-profit organizations.
Roth IRA

Contributions are made on an after-tax basis. Offers a mix of mutual funds and a guaranteed investment allowing you to design your portfolio to match your investment strategies.

Under age 50: $6,000


Age 50 or older: $7,000
Age 59½ OR withdrawals to pay expenses for a first-time home purchase, payments to beneficiaries of a deceased owner, or if you are disabled.Spouses/domestic partners, children, spouses of children, parents, and parents-in-law of an eligible participant may also participate in the IRA program.*
Traditional IRA

Contributions may be tax deductible. Offers a mix of mutual funds and a guaranteed investment allowing you to design your portfolio to match your investment strategies.

Under age 50: $6,000


Age 50 or older: $7,000
Age 59½ OR withdrawals used to pay expenses for a first-time home purchase, payments to beneficiaries of a deceased owner, or if you are disabled.Spouses/domestic partners, children, spouses of children, parents, and parents-in-law of an eligible participant may also participate in the IRA program.*

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*To be eligible for this program, you must meet the IRS eligibility requirements for contributing to an IRA. Restrictions may apply. Wisconsin residency required.