Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

A 403(b) account, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for specific employees of public schools, tax-exempt organizations, and certain ministers. It allows employees ...

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 ...

Roth 403(b) plans allow tax-free withdrawals in retirement and are funded by after-tax dollars. Roth 403(b)s don't have income limits. Contributions limits for Roth 403(b)s in 2026 start at $234500, ...

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403(b) account holders can withdraw funds at 59 1/2, job severance, disability, or financial hardship. Early 403(b) withdrawals may face a 10% penalty unless taken after 55 or under rule 72(t) ...