Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. This article is more than 3 years old. Churches, non-profits and schools can offer 403(b) plans ...
When an unexpected expense comes up, you might consider borrowing from your retirement account. Most qualified retirement plans, such as 401(k) and 403(b) plans, offer employees the option to borrow ...
A 403(b) retirement plan is an employer-sponsored plan for employees of public schools and certain 501(c)(3) tax-exempt organizations. Also known as a tax-sheltered annuity plan, a 403(b) is similar ...
403(b) plans and pension plans are two specific types of retirement plans. A 403(b) plan, sometimes known as a tax-sheltered annuity (TSA) plan, is a retirement plan offered by public schools and ...
A 403(b) plan is a valuable tool for retirement, providing a variety of options to manage and distribute your savings. After ...
The IRS describes a 403(b) retirement plan as an option for ministers, charity employees and school employees. A 403(b) participant can defer up to 100 percent of their salary or $19,500 to the 403(b) ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Andy Smith is a Certified Financial Planner (CFP®), ...
A 403(b) plan allows employees of nonprofit organizations, schools and churches to invest for retirement in a tax-advantaged way. Workers can contribute up to $23,000 of their income to a 403(b) plan, ...
Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. In the world of obscure IRS tax code references, 401(k) retirement plans get most of the ...
If you have an employer-sponsored retirement plan, like a 403(b), leaving your job means you’ll need to decide what to do with your account. When retiring, you have three main options: You can retain ...
Continuing a recent trend to more closely align 403(b) plans with tax-qualified 401(k) plans, the Internal Revenue Service (“IRS”) recently issued Revenue Procedure 2022-40 (November 7, 2022) to ...