| 403(b) Plan | |
 A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations and certain ministers. Individual accounts in a 403(b) plan can be any of the following types: - An annuity contract, which is provided through an insurance company, - A custodial account, which is invested in mutual funds or - A retirement income account set up for church employees. Generally, retirement income accounts can invest in either annuities or mutual funds. |
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 The features of the 403(b) plan are very similar to the 401(k) plan. Employees may make salary deferral contributions that are usually limited by regulatory caps. |
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 Introductory Tour through Retirement Plans - Here you will find tutorials that are each devoted to one the most common retirement plans, explaining how to establish, fund, and then take distributions from it. |
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