for questions that relate to a 403(b). A 403(b) plan is a U.S. tax-advantaged retirement savings plan available for public education organizations, some non-profit employers, cooperative hospital service organizations, and self-employed ministers in the United States. It has tax treatment similar to ...

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4
votes
1answer
56 views

Clarification on 2015 IRA Rollover Limits

I've run into an issue in my personal finance journey that many people now struggle with: having a collection of 401k and 403b accounts left over from previous employers, some of which have been ...
3
votes
2answers
60 views

In a retirement account, is there any reason to purchase deferred annuities now instead of near retirement?

There are lots of sources online that talk about how if you are saving your retirement money within a tax-sheltered account (401k, 403b, etc), you are likely better off with mutual fund investments ...
2
votes
1answer
58 views

403B vesting and giving notice

I have a 403B account that would become fully vested in March. I also have an opportunity to take a new job. If I gave notice before the vestment, but continued working through the vestment date, ...
1
vote
1answer
78 views

Employer rollover from 403b to 401k?

Can an Employer convert from an existing 403b plan (variable annuity) and transfer all assets to a new employer sponsored 401k plan?
6
votes
2answers
511 views

How secure is my 403(b)? Can its assets be “raided”?

I work at a state university and contribute to my 403(b) retirement account on a twice-monthly basis, maxing out the matching funds. I also contribute a smaller amount to another account, after ...
3
votes
1answer
71 views

403(b) and ROTH IRA contribution and rollover

My current employee offers a 403(b) with a Roth option. I also have a Roth IRA. The Roth IRA has a lower annual contribution limit than the 403(b). I have some questions regarding contributions. ...
1
vote
1answer
163 views

What's the difference between a 457(b) and a 403(b) retirement plan?

I'm a graduate student at a public university in the USA (Purdue University). They give me the choice of investing in either a 403(b) or a 457(b) plan. The university does not provide any matching ...
1
vote
1answer
130 views

Can I take money from my 403b to buy a home at 65 years old without penalty

I will be 65 years old in July. My mother died and left my siblings and me her home. Can I use the money in my 403b to buy my siblings out?
4
votes
1answer
5k views

Transferring money from 403B to 401K?

I worked for an employer with a 403b and contributed, but my new employer only does 401k. Can I put the money from the 403b into the 401k? How?
11
votes
2answers
2k views

How do loans against 401k / 403b accounts work?

I'm really clueless about these loans. Who gets the interest? Does the account fund the loan, or are they simply used as collateral? What are the tax implications?
1
vote
0answers
249 views

Are there important differences between a 401k and 403b plan? [duplicate]

Possible Duplicate: How are 401(k), 403(b), and 457(b) tax-advantaged retirement plans different? How are they alike? I work for a non profit and as such my retirement plan is a 403(b) ...
3
votes
1answer
317 views

Switched jobs & short on cash. Should I withdraw from 403(b) or borrow from 401(k)?

I switched employers a while back and obviously this resulted in a new place to throw my retirement money. Employer A was an academic institution so that money was in a 403(b), now I'm in your ...
3
votes
1answer
132 views

Vesting of my 403(b) Plan

About 5 years ago, I left my job, after being there only a year. I had a retirement plan at work that apparently had a 3 year vesting period. I did not know that. Apparently the employer did not ...
5
votes
3answers
13k views

Can I use funds in my 403(b) retirement plan for a first-time home purchase?

Can I withdraw funds from my 403(b) retirement plan without penalty, for the purposes of purchasing a first-time home? If not, are there other retirement plans from which I could withdraw without ...