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403(b) Plans

Why Educators Should Pay Close Attention to Retirement Plan Fees

Many teachers have 403(b) employer retirement plans, which have saving and tax-deferral rules similar to 401(k)s. Contributions from salary deductions lower taxable income, then grow tax-deferred until withdrawn in retirement. Employers may offer Roth 403(b)s, which do not provide a tax break now, but instead offer tax-free withdrawals in retirement. Some employers match contributions, often… More >