| A 403(b) account is a retirement savings plan, or tax shelter, for employees of tax exempt organizations, public school systems, civil government, and not-for-profit employees scientific, religious organizations, employee of a state or local government who is employed by a school (a local school system or state college or university) and those of cooperative hospital services. Generally, a 403b plan is the nonprofit organization's equivalent of the 401k. |
Language: English
