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In general, 403(b) retirement plan payouts are protected from garnishment under federal law, particularly for certain qualified plans. However, there are exceptions, such as for court-ordered child support, alimony, or federal tax debts. It's important to consult with a legal or financial advisor for specific circumstances, as state laws may also influence the garnishment of retirement funds.
What else can I help you with?
Is there any way I can transfer my 403B into money market?
There are many ways to transfer 403B into money market
Can I use my 403b to buy a house?
No, you cannot use your 403b retirement account to directly buy a house.
Can you cash out your 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.
What is the maximum 403b contribution for 2009?
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
What are the benefits of a 403b retirement plan?
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.
How do you close a 403B account?
can i close my 403b account
Is there any way I can transfer my 403B into money market?
There are many ways to transfer 403B into money market
Can I use my 403b to buy a house?
No, you cannot use your 403b retirement account to directly buy a house.
Can you cash out your 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.
What is the maximum 403b contribution for 2009?
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
What are the benefits of a 403b retirement plan?
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.
How can I cash out my 403b?
by asking for it! by asking for it! by asking for it!
Does Utah law allow 403b plans?
no.
What is the maximum 403b contribution for 2011?
17,500
What is the max contribution for 403B 2013?
17000
Can I use my 403b retirement savings to buy a house?
No, you cannot use your 403b retirement savings to buy a house without facing penalties and taxes.
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.
