FAQ – Individual Retirement Accounts

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First, I have a Roth IRA currently. Can I get a Roth 403(b) also? Second, if I can, can I sign up regardless of my district? Third, if yes, I want more info sent to me via email and the number of someone I can contact.

Anyone who meets the criteria for opening a traditional or Roth IRA can do so, regardless of whether they also have an employer-sponsored retirement plan. So yes, you can have both.

Unlike Roth IRAs, which have income eligibility limits, Roth 403(b)s are open to anyone who is eligible to contribute to a regular 403(b). So as long as you are eligible for your district's 403(b) plan, you can open a Roth 403(b). However, your district must offer this option in order for you to do so. You will have to contact your district directly to find out whether a Roth 403(b) option is available to you.

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