Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [403b]

for questions that relate to a 403(b). A 403(b) plan is a U.S. tax-advantaged retirement savings plan available for public education organizations, some non-profit employers, cooperative hospital service organizations, and self-employed ministers in the United States. It has tax treatment similar to a 401(k).

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. It has tax treatment similar to a 401(k) plan, especially after the Economic Growth and Tax Relief Reconciliation Act of 2001.

403(b) - From Wikipedia

52 questions
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Should I begin investing in a 403(b)

To start off, I'm very naive when it comes to these issues. I know virtually nothing about retirement funds. I'm 24 years old, and currently in my second year of a gap between undergrad and PhD programs. My place of work offers the option to invest…
SchrodingersStat
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How do loans against 401k / 403b accounts work?

I'm really clueless about these loans. Who gets the interest? Does the account fund the loan, or are they simply used as collateral? What are the tax implications?
jldugger
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How secure is my 403(b)? Can its assets be "raided"?

I work at a state university and contribute to my 403(b) retirement account on a twice-monthly basis, maxing out the matching funds. I also contribute a smaller amount to another account, after matching funds. My question is about the 403(b)…
Alex Reynolds
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Am I really required to set up an Inherited IRA?

Due to death of a parent, I am beneficiary to a defined contribution employer retirement plan of type 403(b). The assets are pre-tax, a dozen or so mutual funds with names like "Stock Index Fund", "Market Index Fund", "Money Index Fund", "2030…
311411
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Can I use funds in my 403(b) retirement plan for a first-time home purchase?

Can I withdraw funds from my 403(b) retirement plan without penalty, for the purposes of purchasing a first-time home? If not, are there other retirement plans from which I could withdraw without penalty, to which I could transfer funds from my…
Alex Reynolds
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Can a 403b contribution be rescinded?

My wife started a new job very late in 2015. She signed up for the retirement plan, a 403b plan and contributed approximately $200. Now doing our taxes, (married, filing jointly) we find we cannot contribute to our IRA's since she was covered by a…
LawsonM
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Clarification on 2015 IRA Rollover Limits

I've run into an issue in my personal finance journey that many people now struggle with: having a collection of 401k and 403b accounts left over from previous employers, some of which have been sitting untouched for years. I'm making it a goal to…
akbarratt
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5
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Vesting of my 403(b) Plan

About 5 years ago, I left my job, after being there only a year. I had a retirement plan at work that apparently had a 3 year vesting period. I did not know that. Apparently the employer did not notify me of this and I have been getting statements…
David
5
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Transferring money from 403B to 401K?

I worked for an employer with a 403b and contributed, but my new employer only does 401k. Can I put the money from the 403b into the 401k? How?
ahill
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Why would anyone choose 403b over 457b?

Some employers offer both 403b and 457b as retirement plans. I looked at them, and it seems they are very similar, except that 457b does not have early withdrawal penalty. It seems 457b is better than 403b. So why would anyone choose 403b over 457b?…
Mas
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Difference between 403(b) and 401(a)?

I currently am working at a non-profit organization, and I am trying to figure out what the difference is between the 403(b) and 401(a). I am trying to decide whether I should have a percentage of my salary taken off to go to one of these accounts,…
MountaindewKing
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403b employee contribution misclassified as employer contribution

My wife recently set up a new 403b account. Her employer gave her a choice between two 403b account providers. My wife was the first employee to set up a 403b account with one particular provider without a financial adviser as an intermediary. As…
Eric
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Questions on retirement saving plans for non-resident aliens

I am a German citizen that started working as a postdoctoral researcher at a University in the U.S., being on a J1 visa. Part of my benefits package includes an employer match that I can make use of from my second year onwards with the…
j1PD
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Withdrawing a 403(b) account after leaving employment from a company

I left company employment in July 2012 and turned 55 years old in October of that same year. Am I correct in my understanding that if I withdraw my 403(b) account I will, of course, have to pay income tax on the money, but I will NOT be charged the…
Kimberly Owen
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403(b) and ROTH IRA contribution and rollover

My current employee offers a 403(b) with a Roth option. I also have a Roth IRA. The Roth IRA has a lower annual contribution limit than the 403(b). I have some questions regarding contributions. Should I stop contributing to my Roth IRA since I can…
Russell
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