Planning for retirement involves making a series of critical decisions, and one of the most significant choices you’ll face is selecting the right retirement savings account. For educators and certain nonprofit employees, the 403(b) plan is a popular choice.
Education
What is a 403(b) Plan?
A 403(b) plan is a retirement account designed for certain employees of public schools and other tax-exempt organizations. Participants may include teachers, school administrators, government employees, church employees, and doctors.Retirement planning is a crucial...