  |
 |
|
|
 |
403(b) Plans 403(b) plans are known as tax sheltered annuities (TSAs). This type of plan is only available to the employees of tax-exempt charitable organizations or governmental organizations. Like 401(k) plans, TSAs can accept pre-tax contributions from employees as well as employer matching and discretionary funds. The annual individual savings deferral is limited by law to $14,000 for 2005. For individuals age 50 and older an additional catch-up contribution of $4,000 is allowed in 2005. |
|||||||||||
Accounting
Services // Administrative Services // About
Our Firm // Meet Our Partners Copyright 2003 // Conway, Deuth and Schmiesing.
|
