Web Results

turbotax.intuit.com/tax-tips/retirement/are-403b...

A 403(b) plan is a type of tax-deferred retirement plan that is similar to the 401(k) plans offered by many employers. Most contributions to a 403(b) plan are tax-deductible. The IRS regulates the operation of 403(b) plans, which must conform to certain contribution and participation rules in order to maintain tax-deferred status.

finance.zacks.com/403b-tax-deduction-rules-8489.html

403(b) retirement accounts are similar to 401(k) accounts. Like 401(k)s, they are set up by your employer and allow you to make tax-deferred contributions to your retirement. However, 403(b)s are ...

www.investopedia.com/.../10/top-9-benefits-403b-plans.asp

A 403(b) plan is a type of tax-sheltered retirement plan that has a lot in common with the more widely recognized 401(k) plan. A 403(b) plan is for employees who work in organizations that serve ...

www.irs.gov/publications/p571

A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers. Individual accounts in a 403(b) plan can be any of the following types.

www.irs.gov/retirement-plans/retirement-plans-faqs...

What is a 403(b) plan? 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.

www.efile.com/retirement-planning-roth-ira-401k...

Retirement Plan Income and Tax Benefits. Retirement planning is important for your future. IRA, 401k, and other types of retirement plans are a future source of income, and contributing to retirement plans can often give you tax benefits now, in the present.

budgeting.thenest.com/403b-tax-deduction-rules-25545.html

The 403(b) only delays taxes on your income. The tax deduction pushes your income tax bill off until you take money out of the account. When you make a withdrawal from your 403(b), you owe income tax on the entire amount. Since the 403(b) is a retirement plan, you are supposed to keep your money in the account until you retire.

www.reference.com/business-finance/403-b-retirement-plans...

The IRS also defers taxation of 403(b) earnings. Owners of 403(b) plans pay income tax on contributions and earnings when they withdraw the funds from the accounts. Tax-exempt organizations such as hospitals, schools and churches set up 403(b) plans for their employees, according to CNN Money.

www.sapling.com/7752074/403b-contributions-tax-deductible

If you work at a non-profit organization, you might be able to contribute to a 403b plan to save for your retirement. These plans offer you the ability to invest in annuities and mutual funds in a tax-sheltered account. In addition, the money contributed to the account comes from pretax dollars.

smallbusiness.chron.com/deal-403b-contributions-tax-return...

Pre-Tax Elective Contributions. If you work for your own charity and set up a 403(b) retirement plan, you might be able to make pre-tax, elective contributions to your retirement account as part ...