How to Borrow Against My Fidelity 403B Plan?

Answer A Fidelity 403B plan is an employer-sponsored retirement plan for tax-exempt organizations. The IRS recognizes 403B plans as tax-sheltered annuities, allowing plan participants to borrow against th... Read More »

Top Q&A For: How to Borrow Against My Fidelity 403B Plan

Can I borrow from my 403b?

You are allowed to borrow from your 403b plan. The most you can borrow is the smaller of $50,000 or 50 percent of the value of your 403b plan. The loan term cannot exceed five years unless you are ... Read More »

What is a 403b& 457 plan?

Types of retirement plans, 403b and 457 plans are accounts that allow working people to save money for retirement. The 403b plan is for individuals who work for tax-exempt organzations and public s... Read More »

When can you withdraw from a 403b plan?

On One Hand: If You Have a HardshipThe Internal Revenue Service permits hardship withdrawals from 403b plans in cases where the person is suffering from an "immediate and heavy" financial need. How... Read More »

How to Roll Over a 403b Plan to an IRA?

If you work for a nonprofit agency or public institution, you might have access to a 403b plan to help you save for retirement. The 403b plan is a tax-sheltered vehicle that allows you to put money... Read More »