A 403(b) is an employer sponsored retirement plan for non-profit organizations that makes it easy for employees to save for retirement through payroll contributions. With pre-tax contributions, you can save on taxes, and some plans even offer employer contributions to get you even closer to your retirement goals.

Key Benefits:

  • Additional catch-up contributions can be made if older than age 50
  • Some plans may offer a Roth 403(b) feature
  • Taxes are deferred until distributions are made
  • Penalty free distributions after 59 ½
  • Distributions must begin by April 1st of the year after one turns 73, unless still employed at that company

Ready to learn more?

Call 864-288-2849 or submit a contact form to learn more and get started.