Chapter 1
403(b) Plan Basics
This chapter introduces you to 403(b) plans and accounts. Specifically, the chapter answers the following questions.
- What is a 403(b) plan?
- Who can participate in a 403(b) plan?
- Who can set up a 403(b) account?
- How can contributions be made to my 403(b) account?
- Do I report contributions on my tax return?
- How much can be contributed to my 403(b) account?
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