Specialized for organizations

A 403(b) plan is also known as a tax-sheltered annuity (TSA) plan. 403(b) plans have similar features to 401(k) plans that are sponsored by for-profit companies. However, the employee salary deferrals made to a 403(b) plan are not subject to discrimination testing that applies to a 401(k) plan. For this reason, most qualifying organizations would elect to sponsor a 403(b) plan as compared to a 401(k) plan.

This type of plan can only be sponsored by:
– Public Schools
– Churches
– Tax-exempt hospitals
– Nonprofit organizations that are tax-exempt under section 501(c)(3)

For additional information about 403(b) Plans, contact us!

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Whether you are establishing a new retirement plan or enhancing an existing one, Quintes designs solutions tailored to your organization’s goals. Our consultants bring extensive industry experience and work closely with you to evaluate your options and develop a plan that aligns with your business and supports your employees.