Pensions and 403(b) plans represent two distinct ways to save for retirement, each with its own structure and advantages. A ...

A 403(b) plan is a tax-advantaged retirement savings plan designed for employees of certain tax-exempt organizations, such as public schools, colleges, universities, hospitals, and religious ...

Congress continues to pass laws that move 403(b) plans ever closer to 401(k) plans, but 403(b) plans remain distinct. Understanding these differences allows you to maintain a compliant plan that best ...

The Internal Revenue Service issued a notice containing a list of required amendments needed for Section 403(b) plans. A 403(b) plan, also called a tax-sheltered annuity plan, is a retirement plan for ...

A 403(b) retirement plan is an employer-sponsored plan for employees of public schools and certain 501(c)(3) tax-exempt organizations. Also known as a tax-sheltered annuity plan, a 403(b) is similar ...

Continuing a recent trend to more closely align 403(b) plans with tax-qualified 401(k) plans, the Internal Revenue Service (“IRS”) recently issued Revenue Procedure 2022-40 (November 7, 2022) to ...

Millions of 403(b) plan participants across the country are paying widely varying fees and choosing from vastly different investment menus, according to a new study. Clients predominantly from schools ...

Proposed required minimum distribution changes would require a participant to take calculated amounts from each 403(b) contract he has. A change to required minimum distribution rules for 403(b) ...

More nonprofit workers are now eligible to participate in their organizations’ retirement plans than ever before, according to the Plan Sponsor Council of America’s latest annual 403(b) Plan Survey ...