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What Is A 403b Investment Account And How Does It Work?

Byadmin May 9, 2022May 9, 2022

What is a 403b investment account? A 403b account is similar to a 401k retirement investing account. A 403b investment account (also called a tax-sheltered annuity or TSA plan) is a retirement plan offered by public schools and certain 501(c)(3) tax-exempt organizations. Employees save for retirement by contributing to individual accounts. They can also contribute…

Investment | Investment Accounts

Traditional and Roth 401ks – What Are They and What Are Their Benefits?

ByMichael Gomez December 12, 2021December 12, 2021

What are traditional 401ks? There are two different types of 401ks. There is the traditional and the Roth 401k. They are both classified as tax-deferred accounts. The money you invest in traditional 401ks is typically money that comes out of your regular paycheck before you pay the usual federal, state, and FICA taxes. This means…