403(b)

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Definition:
A 403(b) plan is a tax deffered retirement savings plan available for employees of public education organizations and some non-profit organizations (US Tax Code 501(c)(3) organizations). The pre-tax money contributed to a 403(b) plan as well as investment earnings grow tax deferred until withdrawal. The features of the plan are similar to a 401(k) plan.

Related Concepts:

Deferred Compensation
ERISA
 

Available Positions Related to 403(b):

Asset & Investment Management jobs

 

Relevant Functional Areas:
Asset Management
Fund Accounting & Administration
Fund of Funds
Pension Fund Management
 

Related Job Titles:
Actuary
Portfolio Manager
 

 

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