What Is a 403(b) Retirement Plan?
A 403 (b) is a tax-benefited retirement savings scheme that is specifically created to work with the employees of particular organizations. It is offered to most often to teachers of public schools, professors, school leaders, the employees of nonprofit organizations, and selected ministers. The term tax-shelved annuity (TSA) is often used to describe a 403(b), which operates in many manners in...
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