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
No, you cannot use your 403b retirement account to directly buy a house.
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.
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 Funds would have to be withdrawn from the 403B plan, a 10% penalty would apply for withdrawls before age 59 1/2 and withdrawls would be subject to taxation.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
No, you cannot use your 403b retirement account to directly buy a house.
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.
no.
17,500
17000
No, you cannot use your 403b retirement savings to buy a house without facing penalties and taxes.
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.