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What is a 403(b)? Comments

  • By Jocelyn Black Hodes, DailyWorth's Resident Financial Advisor
  • June 21, 2013

The 403(b) is similar to the 401(k), but it is typically offered to employees of educational institutions and non-profit organziations. 403(b)s most often take the form of annuity contracts or mutual fund custodial accounts and are also known as "tax-sheltered annuity (TSA) plans."

 

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