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Internal Revenue Code Section 403(b)

Retire After Age 59 1/2

If you have a 403(b) plan, and are going to retire after age 59 1/2, then you have several choices:

  1. Roll your 403(b) plan values into an Individual Retirement Annuity (IRA) with an insurance company, or
  2. Roll your 403(b) plan values into an Individual Retirement Account (IRA) with a qualified custodian, or
  3. Leave your plan balance with your current employer.

Which choice, or choices, is best for you and your family?

Maximize Your Retirement Income!

If you start taking income from your 403(b), or from an IRA Rollover, your income will be subject to ordinary income taxes.

Would you like to maximize your retirement income without market risk? That is where a Chartered Financial Consultant can help you!

If your 403(b) plan includes life insurance inside the plan, there are some decisions that you need to make, including some decisions that cannot be undone if you make a mistake. These decisions are best made with the help of a Chartered Life Underwriter.

For a FREE initial consultant, please click here.

 

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