Millions of public school employees, along with some employees at colleges and universities, hospitals, charities, and other nonprofit organizations, use 403(b) plans to save for retirement.
A 403(b) plan is a tax-sheltered retirement plan for people who work for nonprofits, including charities, schools, and qualified religious organizations. The 403(b) plan is comparable to its ...
What is a 403(b) plan, and can it be part of your retirement strategy? You may have come across a 403(b) as part of your benefits package as an employee at a public school or a charitable ...
Still, employees of nonprofits, public education institutions, and certain religious organizations have their own robust savings vehicle: a 403(b) plan. But what exactly is a 403(b) retirement ...
For instance, many people working in public education or for a tax-exempt organization might have a 403(b) retirement plan as opposed to the more common 401(k) or IRA plans. If you quit education ...