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 ...

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 ...

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 ...

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 effective retirement planning.

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 ...

Some nonprofit employers also provide this type of plan. Participants make contributions which are allocated into investments and are eligible for tax benefits. A 403(b) plan is a retirement ...

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 ...

“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 ...

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

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 ...