• Explanation


    A 403(b) is a tax-sheltered retirement plan created specifically for employees of public schools and certain tax-exempt organizations.  The plan permits you to systematically save a portion of your earnings in a special retirement account without paying current federal tax.  Your regular contributions are automatically deducted from your paycheck.  Taxes are deferred on today’s contributions and earnings, allowing your retirement savings to grow faster for your future. 

    Consult your tax advisor prior to making a purchase for an explanation of the tax implications to you.  With many options available, it means making decisions and your financial advisor offers a variety of services to help you match your financial plan with your goals and your risk tolerance.