A public school teacher at 55 with a 403(b) and access to a governmental 457(b) plan can legally shelter $65,000 from federal ...

The 403 (b) has a much higher limit than the 457 (b), which lacks a separate contribution limit for employers. 457 (b)s only allow $19,500 in contributions from any source, whereas 403 (b)s allows ...

The 401(k) is, by far, the best known type of “defined contribution” retirement savings plan. However, if you worked for a state or local government, or a public school or university, you might have ...

It appears that the SEC has initiated a “sweep” examination to inquire into the sales practices applicable to retirement plans for teachers and state and local government employees. We understand that ...

Quick Read A 50+ hospital executive can defer $32,500 to a 457(b) independently of 403(b), saving $10,400 federally.

It appears some last-minute amendments have largely removed controversial provisions from the Senate’s version of tax reform legislation that would have had a big impact on governmental 457 and ...

The employees of almost any tax-exempt Code Section 501(c)(3) entity may participate in 403(b) plans or tax-sheltered annuities. The regulations under 403(b) further specify that a subsidiary or ...

I turned 51 years old six months ago and forgot to adjust my employer retirement account settings to max out my contributions this year. As a result, I contributed $23,000 to my 403(b) and $23,000 to ...

Symetra® Life Insurance Company today launched Retirement Passport Group Variable Annuity for the 403(b)/457 market. Retirement Passport (Passport) was designed with schools and nonprofits in mind.

Virginia Tech University, Blacksburg, is overhauling the investment options lineup of its 457(b) and 403(b) plans. The changes will occur on Sept. 25, according to a brochure from the university's ...