A 403(b) plan (tax-sheltered annuity plan or TSA) is a retirement plan offered by public schools and certain charities. It's similar to a 401(k) plan maintained by a for-profit entity.
403(b) Plans are Retirement Programs for Employees of Schools, Churches and Nonprofit Organizations A retirement plan may be one of the most valuable benefits of employment. Used effectively, it can deliver a long-term impact on your financial well-being.
In the United States, a 403(b) plan is a U.S. tax-advantaged retirement savings plan available for public education organizations, some non-profit employers (only Internal Revenue Code 501(c)(3) organizations), cooperative hospital service organizations, and self-employed ministers in the United States.
A 403(b) plan, also known as a tax-sheltered annuity plan, is a retirement plan for certain employees of public schools, employees of certain Code Section 501(c)(3) tax-exempt organizations and certain ministers. A 403(b) plan allows employees to contribute some of their salary to the plan.
A 403(b) plan is a tax-advantaged retirement plan for public school and nonprofit employees and certain ministers. It’s also a type of defined contribution plan, meaning that participants know ...
A 403(b) plan is a retirement plan for specific employees of public schools, tax-exempt organizations and certain ministers. These plans can invest in either annuities or mutual funds.
403(b) plans are similar to the 401(k) retirement plans that most people are familiar with. They have many things in common, including their limits on annual contributions.
403(b) plans are a retirement plan for public schools and other nonprofits, with strong tax deferral advantages and growth potential to help you enjoy retirement. At AXA, we believe that advice from a trusted financial professional can help people make better decisions, achieve goals, and prepare for life's changes.
A 403(b) plan is a kind of defined contribution retirement plan that may be offered to employees of government and tax-exempt groups, such as schools, hospitals and churches.
While not as well-known as a 401(k) plan, the 403(b) Tax-Sheltered Annuity (TSA) plan is a type of retirement savings account offered to tax-exempt organizations, most employees of public schools, and self-employed religious ministers.