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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.

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Q: What are the benefits of a 403b retirement plan?
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Related questions

How does a 403b retirement plan differ from a 401(k) plan?

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.


What is a 403b retirement plan?

A 403b retirement plan is offered to employees of certain non-profit organizations as well as educational instituitions. It is a tax deferred program in whcih you let the tax grow deferren until withdrawal.


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A 403b retirement plan is employees of educational institutinos, such as colleges and universities or high schools, and some non-profit organizations as well. Some people who are eligible to have a 403b retirement plan are doctors, teachers, librarians, professors, etc. A 403b plan works by the employee setting money aside from their paycheck, before taxes. This money is put into the 403b account until retirement and at that time becomes taxed. It is tax free up until that time. Check here for more information: http://www.403bwise.com/faqs/


How is the retirement plan and benefits of LPN?

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Which employers are able to sign up for 403b retirement plans?

The 403b retirement plan is designed for those who are employees in public schools, colleges, universities and churches. Some tax-exempt and non-profit organizations will not qualify.


Which defined benefit plan is part of which employee benefits?

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The 401K and 403B plans are part of which type of benefit?

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How can someone transfer retirement benefits from California to Virginia?

You would have to contact the trustee of your retirement plan and make the correct plan that will be most beneficial to you to transfer your retirement benefits from California to Virginia and of course make sure that the plan will allow the direct transfer of the retirement benefits from one trustee and that the other trustee will accept the direct transfer of the funds.


Does the IRS take taxes from your pension or 403B?

A 403B plan is a tax deferred retirement program that allows certain employees of schools and some non-profit organizations to defer taxes on income earned working for these organizations. It is almost the same thing as a 401K program. These plans allow income to be sheltered from income taxes until you withdraw this income from the plan. Pensions and 403B plans are not taxed until you receive the income.


For pharmacy benefits what is 401K?

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