Although almost everyone has heard of the typical 401K retirement plan, even less people are aware of the Federal 403B retirement plan. The 403B plan offers some lucrative potential, and should be invested in if the money can be at all spared. Government employees such as teachers, school personnel, and librarians are usually eligible for benefits under 403B. Although eligibility varies, the plan is typically targeted at assisting those in the educational field. Some not for profit organizations are also eligible for benefits under the 403B plan.
Copyright 2012