A 403B Plan is a salary deferral retirement plan for government workers, teachers and not for profit employees. It shares it characteristics with the more widely used 401k. Contributions to these plans are tax deductible, tax deferred while in the plan, and taxed as ordinary income upon distribution. Unlike the 401K almost all contributions are made by the employee with out a match from the employer. Once you leave a company that has a 403B you may roll the money over to a qualified retirement plan.
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