A qualified retirement plan for specific employees of public schools, churches, and non-profit organizations. Similar to the corresponding 401(k) plans for profit businesses, the 403(b) can allow for automatic payroll deductions, matching contributions, high contribution limits, and tax advantages.  These plans can be set up with both traditional and Roth options.  403(b) rules apply.


Employees who qualify for a 403(b) are well advised to participate to the fullest extent possible.  Over a working career, the systematic savings and tax advantages can amount to a tremendous tool for success in  retirement.