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What is 403(b)?

MsJLewis

Retired Pre-med
10+ Year Member
7+ Year Member
Apr 18, 2007
668
5
  1. Medical Student
    ??

    My residency programs offers this and I don't really know what it is? Thanks

    It is like a 401k (retirement savings account) except that a 403b can only be obtained by non-profit organizations. I work for a health foundation and this is what they offer us. I forget but I think there are special tax bonuses to having a 403b.
     
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