Let’s Get You Started

We’ve made enrolling in your 403(b) plan easy!

We’ll ask you for some basic information about yourself and where you work.

You’ll select how much you want to contribute to your account each pay period.

A few helpful suggestions:

You may wish to start by contributing 7% of pay to approximately offset the amount your Social Security benefit may fall short of filling the retirement income gap that your CalSTRS benefit doesn’t provide.
If you’re over age 40, consider contributing 10% or more as you have fewer years to accumulate savings.
If you’re 25 to 30 and just starting out, save what you can… start at 3 to 5% and make a goal to increase your contribution rate 1% each year until you are contributing 10% of pay. It could make a huge difference in your future.

You’ll select your investments.

To make it easy, you’ll see a default investment suggested based on your number of years until retirement.
Have questions? We have financial advisors ready to listen and help you reach your goals.

You’ll name one or more beneficiaries.

A beneficiary is someone you would like the money in your account to be given to in the event that you die.
It can be one person or split between two or more people.

That’s about it!

We’ll send electronic “paperwork” to confirm your enrollment, but that’s it! And once you’re done, you will be on your way to saving for retirement and closing your retirement income gap.

So, get started today and make the most of the saving years you have until retirement. Your future self will thank you.