403(b) Plans

Tax Savings Arrangements

• Restricted to organization exempt under IRC Section 501(c)(3) and public school employees.
• Employees contribute by payroll deduction on a pre-tax basis.
• Employer may match employee contributions.
• Financial hardship withdrawals permitted.
• Investment of assets directed by employee.
• Employees bear investment risk
• Mutual funds are the primary investment options.
• Assets held in custodial account.

Questions?