Tuesday, March 16, 2010


The 4-1-1 on 403(b) Plans

Millions of American workers save for their retirements in 401(k) and other qualified plans. However, employees of not-for-profit organizations are n­­­ot eligible to use these plans, as they can only be used in the private sector. They must instead use an equivalent plan known as a 403(b) plan. These plans resemble 401(k) plans in many respects, but are specially designed for nonprofit entities. This article examines the basic characteristics of these plans and how they work...

SFgate: The 4-1-1 on 403(b) Plans

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