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What Are the Tax Implications of a 403(b) Account?
A 403(b) is a tax-advantaged retirement plan for employees of public schools and nonprofit organizations. Employees can make contributions from their paychecks and let the earnings grow tax-deferred until withdrawn in later years. Â Understanding the tax implications of a 403(b) account can help you determine the best time to withdraw funds. The following guidelines can help. Â Tax Implications of a Traditional or Roth 403(b) Consider the tax implications when deciding whethe

Jennifer Wills
Oct 273 min read
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Tips to Choose Between a Traditional vs. Roth 403(b) Plan
If you’re an employee of a nonprofit organization, you might be able to participate in a 403(b) plan. This employer-sponsored,...

Jennifer Wills
Sep 292 min read
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What Are the Benefits of Investing in a 403(b) Account?
When transitioning from working as a licensed financial coach to building a freelance writing business, I taught myself to write grant...

Jennifer Wills
Sep 194 min read
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What Is a 403(b) Plan and How Does It Work?
During my time as a licensed financial coach, I started my freelance writing business. I taught myself to write grant proposals,...

Jennifer Wills
Sep 124 min read
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