Wise Information for K‑12 Employees



The 403(b) Basics

The 403(b) is a tax deferred retirement plan available to employees of educational institutions and certain non-profit organizations as determined by section 501(c)(3) of the Internal Revenue Code. Contributions and investment earnings in a 403(b) grow tax deferred until withdrawal (assumed to be retirement), at which time they are taxed as ordinary income.

K-12 Stories

A Gangsta's Paradise
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Photo of author

Broker-turned-trader-turned-teacher-turned-CFP has seen some things.