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IRA vs 401k Central

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What are the 403b Rollover Rules?

June 22, 2014 by Justin Leave a Comment

Non-profit employers and public education organizations often offer their employees 403b retirement savings accounts, which allow them to make pre-tax contributions with every paycheck to fund their retirement.  403b accounts are very similar to 401k plans that are offered to employees of larger for-profit and private companies. If you have a 403b plan and you are leaving your employer, you might want to roll the funds in your account over to another type of retirement plan. In general, you are able to do this without paying any taxes on the amount you roll over. However, it is important to follow the 403b rollover rules established by the … [Read more...]

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