401k is for-profit. 403b is non-profit

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Aug 8, 2022
12:35:40pm

dixieutahbyuzag Contributor

401k is for-profit. 403b is non-profit

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dixieutahbyuzag

Previous username: mattreedah
Bio page: dixieutahbyuzag
Joined: Jun 28, 2010
Last login: May 5, 2024
Total posts: 1,748 (0 FO)

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Messages

Author

Time

My wife is starting a part time job as a para at a local elementary school. What the heck is a 403b plan?

byujacob Got Board Games?

8/8/22 12:33pm

Same as 401k, but for a nonprofit entity instead of private company

runitup590

8/8/22 12:34pm

<< Deleted >>

Buffalo

8/8/22 12:34pm

dad

TN_Coug

8/8/22 12:37pm

<< Deleted >>

Buffalo

8/8/22 12:39pm

Annuity based retirement plan, sponsored by non-profits, churches, charities etc

8/8/22 12:34pm

Not annuity based

Sandy Lyle

8/8/22 12:40pm

RE: Not annuity based

8/8/22 12:41pm

<< Deleted >>

Sandy Lyle

8/8/22 1:33pm

Most 403bs do not have an annuity option

Sandy Lyle

8/8/22 1:35pm

Better question, what’s a para?

Lifi

8/8/22 12:35pm

The bag one puts a chute in. Together they make a parachute.

BYUtka

8/8/22 12:36pm

the Paranormal. She's the 'ghost' the teachers reference when threatening

squidmark

8/8/22 12:38pm

401k is for-profit. 403b is non-profit

dixieutahbyuzag

8/8/22 12:35pm

Hey google, what is a 403b plan?

8/8/22 12:36pm

That is the appropriate answer for so many posts here

dixieutahbyuzag

8/8/22 12:36pm

This is Cougar Board, not google.

BYUtka

8/8/22 12:37pm

RE: This is Cougar Board, not google.

8/8/22 12:37pm

What is google?

Bin01015

8/8/22 12:43pm

I went to the IRS website and read through the info. Still didn't get it

byujacob

8/8/22 12:43pm

Well theres your problem

Backcountry

8/8/22 12:49pm

I think it is the equivalent of a 401K, but for non-profit/government employers. Tax deferred investment I believe.

PJMort

8/8/22 12:36pm

RE: I think it is the equivalent of a 401K, but for non-profit/government employers. Tax deferred investment I believe.

PJMort

8/8/22 12:37pm

Paratrooper. His wife teaches the children how to parachute out of planes

macdizzle

8/8/22 12:36pm

RE: Paratrooper. His wife teaches the children how to parachute out of planes

Doogal McCougar

8/8/22 12:40pm

This^^^^

byujacob

8/8/22 12:44pm

You know, I remember in elementary school, they told us we were going to get to play with a parachute the following

Bob Vance

8/8/22 1:16pm

What's a para?

Sea Chicken

8/8/22 12:43pm

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