What is a 403b employee retirement plan?

Answer A 403b employee retirement plan is a tax-advantaged plan run by the employer for the benefit of the employees. A 403b plan is very similar to a 401k plan except 403b plans are for nonprofits and ed... Read More »

Top Q&A For: What is a 403b employee retirement plan

Does an employee retirement plan affect disability eligibility?

Although individual organizations may structure their employee benefit plans in a variety of ways, an employee's participation in a retirement plan does not exclude that same employee from eligibil... Read More »

What is a 403b retirement account?

A 403b plan is a tax-advantaged retirement account that a nonprofit employer offers its employees. It is similar to a 401k plan that a for-profit company offers its employees.EligibilityYou can con... Read More »

Is my 403b retirement account insured?

No, 403b retirement accounts are not covered by FDIC insurance; 403b accounts can only be invested in annuities or mutual funds, and neither of these account types can be covered by FDIC insurance.... Read More »

How do I withdraw funds from a 403b retirement account?

Contact Your Financial InstitutionThe financial institution that has your 403b retirement account will have an institution-specific form for you to complete to take a withdrawal from your 403b plan... Read More »