You can cash out your 403b, but expect tax penalties of up to 30% if you are under the age of 59 1/2.
by asking for it! by asking for it! by asking for it!
There are many ways to transfer 403B into money market
According to "My Money Blog" the maximum amount for a 403b increases to $16,500 for 2009. http://www.mymoneyblog.com/archives/2009/01/2009-401k-403b-maximum-salary-contribution-limits.html
There are not any special benefits of a 403B retirement plan when compared to the more familiar 401K retirement plan. The only difference is that if your work for the government or are in a civil service type job the retirement plan is called 403B.
You can cash out your 403b, but expect tax penalties of up to 30% if you are under the age of 59 1/2.
by asking for it! by asking for it! by asking for it!
can i close my 403b account
No. 529 Plans must be funded with cash payments. Funds would have to be withdrawn from the 403B plan, a 10% penalty would apply for withdrawls before age 59 1/2 and withdrawls would be subject to taxation. If the loss of principle is not a concern, then go for it.
There are many ways to transfer 403B into money market
According to "My Money Blog" the maximum amount for a 403b increases to $16,500 for 2009. http://www.mymoneyblog.com/archives/2009/01/2009-401k-403b-maximum-salary-contribution-limits.html
There are not any special benefits of a 403B retirement plan when compared to the more familiar 401K retirement plan. The only difference is that if your work for the government or are in a civil service type job the retirement plan is called 403B.
17000
no.
17,500
There is no maximum age limit for contributing to a 403(b) retirement plan. As long as you are still working and receiving income, you can continue to contribute to your 403(b) account, even past traditional retirement age.
It is always good to have a retirement plan you need to first decide what you want,this site http://www.nationwide.com/403b-retirement-plans.jsp will tell you about a 403b plan which differs from a 401k plan which is usually offered by your company.