What does 403(b) mean?
Definitions for 403(b)
403(b)
This dictionary definitions page includes all the possible meanings, example usage and translations of the word 403(b).
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Wikidata
403(b)
A 403(b) plan is a U.S. tax-advantaged retirement savings plan available for public education organizations, some non-profit employers, cooperative hospital service organizations, and self-employed ministers in the United States. It has tax treatment similar to a 401 plan, especially after the Economic Growth and Tax Relief Reconciliation Act of 2001. Employee salary deferrals into a 403(b) plan are made before income tax is paid and allowed to grow tax-deferred until the money is taxed as income when withdrawn from the plan. 403(b) plans are also referred to as a tax-sheltered annuity although since 1974 they no longer are restricted to an annuity form and participants can also invest in mutual funds.
Numerology
Chaldean Numerology
The numerical value of 403(b) in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of 403(b) in Pythagorean Numerology is: 2
Examples of 403(b) in a Sentence
Ive been in this industry for almost 20 years, and we have been consistently saying that if you have access to a 401(k) or a 403(b), you should take a long-term view, its really encouraging that people are doing that now. That we have savings rates going up, employers adding more, its all great news.
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"403(b)." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/403%28b%29>.
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