All About 403b

I don't know about you but I like to keep my life really simple. So simple it drives my wife crazy. I have been helping educators for 21 years and have helped hundreds of educators start their 403b contracts in a simple stress free way. Also I would like to congratulate all the new educators & seasoned pro’s for making a difference in children's lives.

Now the simple truth is that the 403b is a good thing for you. If you want to do a ton of research and over think the process I will give you some links that you can check out in your own time.

However if you want my expertise and honesty I will provide you with the best 403b ideas and strategies in the country.

I am going to give you the direct source straight from the IRS on what a 403b is and if you can't sleep at night just start reading, that will put you right to sleep!

The alternative is that you can take the simple path and Sign Up For Your FREE Virtual Workshop and I will give you all the information you need.

This is the link below if you want to know all there is to know about the tax law regarding 403b accounts. I have read it many times and for tax geeks like me it makes sense. 

Publication 571 For Employees of Public Schools and Certain Tax-Exempt Organizations

What is a 403(b)?

The 403(b) is a tax deferred retirement plan available to employees of educational institutions and certain non-profit organizations as determined by section 501(c)(3) of the Internal Revenue Code. Contributions and investment earnings in a 403(b) grow tax deferred until retirement, at which time they are taxed as ordinary income.

Why Contribute to a 403(b)?

A Healthy Retirement – Most employees of educational institutions are provided with a pension upon retirement. Few pension plans, however, provide an amount equal to salary. A 403(b) plan can provide a healthy supplement to a pension.

Lower Taxes – 403(b) contributions are made on a pre-tax basis which can greatly reduce your tax bill.

More Tax Savings – All dividends, interest and capital gains accumulate in a 403(b) account on a tax-deferred basis. This means your earnings will grow tax-free until time of withdrawal.

2014-401k-and-IRA-Limits1 

 

LISTEN. LEARN. LIVE IT.

 

I have created an easier 3 step process for you to follow in order for you to get educated. Check out the link to Listen. Learn. Live It. to learn more…

For further information, please feel free to contact us!

 

 

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