No, you cannot use your 403b retirement account to directly buy a house.
No, you cannot use your 403b retirement savings to buy a house without facing penalties and taxes.
Yes, you can withdraw money from your 403(b) retirement account to buy a house, but there may be penalties and taxes involved. It's important to consider the implications and consult with a financial advisor before making this decision.
There are many ways to transfer 403B into money market
Yes
You can cash out your 403b, but expect tax penalties of up to 30% if you are under the age of 59 1/2.
No, you cannot use your 403b retirement savings to buy a house without facing penalties and taxes.
Yes, you can withdraw money from your 403(b) retirement account to buy a house, but there may be penalties and taxes involved. It's important to consider the implications and consult with a financial advisor before making this decision.
can i close my 403b account
If you buy a dog house, the dog will not use it until you train it to go in the dog house.
There are many ways to transfer 403B into money market
Yes
You can cash out your 403b, but expect tax penalties of up to 30% if you are under the age of 59 1/2.
yes
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
You buy it and keep it in your house, you can't use it.
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.
When you buy house items, they will automatically go to your house inventory. You cannot use house inventory slots for anything other then house items.