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In most cases, funds in a 403(b) retirement plan are protected from creditors in the event of bankruptcy, meaning they cannot be seized to pay off debts. However, this protection can vary by state and individual circumstances, so it's essential to consult a financial advisor or bankruptcy attorney for specific advice. Additionally, if you withdraw funds from your 403(b) prior to bankruptcy, those funds may no longer have the same protection.
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
Can you file banruptcy on federal taxes?
You can't. Bankruptcy does not forgive you for federal taxes.
How do you close a 403B account?
can i close my 403b account
Can banruptcy get rid of back child support?
no
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
Can you file banruptcy on federal taxes?
You can't. Bankruptcy does not forgive you for federal taxes.
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
