Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Retirement Plan
|
| gptkbp:allows |
Employer contributions
Employee salary deferral contributions |
| gptkbp:alsoKnownAs |
403(b) Plan
|
| gptkbp:canBeRolledOverTo |
gptkb:IRA
gptkb:401(k)_plan Another 403(b) plan |
| gptkbp:compatibleWith |
Nondiscrimination testing (for certain organizations)
|
| gptkbp:contribution |
Tax-deferred
|
| gptkbp:createdBy |
U.S. Internal Revenue Code Section 403(b)
|
| gptkbp:earlyWithdrawalPenalty |
10% before age 59½
|
| gptkbp:eligibility |
Catch-up contributions for employees age 50 and over
|
| gptkbp:establishedIn |
1958
|
| https://www.w3.org/2000/01/rdf-schema#label |
Tax-Sheltered Annuity
|
| gptkbp:investedIn |
Mutual funds
Annuities |
| gptkbp:offers |
Employees of public schools
Employees of tax-exempt organizations |
| gptkbp:regulates |
gptkb:Internal_Revenue_Service
Employee Retirement Income Security Act (ERISA) (in some cases) |
| gptkbp:subject |
Required Minimum Distributions
Contribution limits Hardship withdrawals (if plan allows) Loan provisions (if plan allows) |
| gptkbp:usedFor |
Retirement savings
|
| gptkbp:withdrawalsAre |
Taxable as ordinary income
|
| gptkbp:bfsParent |
gptkb:403(b)
|
| gptkbp:bfsLayer |
7
|