This is commonly referred to as the rule of 55. The biggest caveat is that all funds must remain in the 403(b) plan for early withdrawals to remain penalty-free. Another option is to take ...

Like the standard 403(b) plan, it is a tax-advantaged retirement plan often used by employees of public schools, tax-exempt organizations, and certain ministers. However, once it passes into the hands ...

With the 15-year rule, these types of catch-up contributions ... for a total contribution limit of $34,750. A 403(b) retirement plan is like a sibling of the 401(k), so they have plenty of ...

Again, individual plans may have stricter rules. Once you've taken your ... if you're using a traditional pre-tax 403(b) account. If your 403(b) plan offers a designated Roth account and you ...

Discover the ins and outs of a 403(b) plan. Understand the benefits, limitations, and factors you should consider for ...

For 2025, the single taxpayer contribution limit for a 403(b) plan is $23,500 ... up contributions under the so-called 15-year service rule. Under this provision, if you have 15 or more years ...

A federal judge for the U.S. Fifth Circuit Court of Appeals granted a motion filed by the Department of Labor to delay its ...

Leave your funds in an active 401(k) or 403(b) plan. Here is a look at how the rule of 55 works, and what to consider before withdrawing any funds. To be eligible for the rule of 55, you’ll need ...

Most people never ask or research their retirement investing to see if it is supporting predatory lenders. Discover how index ...

Two-thirds of plan advisers say the newly enacted provisions will increase their revenue, in addition to increasing employee ...

Contributing to a 401(k) or 403(b) plan is easy enough ... to make a one-time withdrawal from your plan to cover a major expense. Understanding the rule of 55 The rule of 55 allows you to access ...

“Certainly the LTPT eligibility rules in SECURE could be increasing ... how critical it is to provide benefits such as a 403(b) plan to attract and retain talent in an increasingly competitive ...