Remember that the key to maximizing your 403(b) contributions is to start early and contribute as much as you can. By setting aside the maximum allowed, a 403(b) plan is an excellent retirement option.

All along the way, you will be making choices that can affect your retirement nest egg. Think about the implications for your retirement when you select your plan, when you decide how much to contribute each year, and any time you change your funding option or select a different type of plan.

It’s wise, before you change your 403(b) plan, to review your options with a benefits specialist. In some cases, you may want to get advice from a tax professional. Remember: It’s your plan and your choices and your retirement.