Tax-Sheltered Annuity Plan

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf retirement plan
gptkbp:allows tax-deferred growth
gptkbp:alsoKnownAs gptkb:403(b)_plan
gptkbp:compatibleWith private for-profit employees
gptkbp:contributedTo employee
employer
gptkbp:contributionLimitSetBy gptkb:IRS
gptkbp:earlyWithdrawalPenalty 10% before age 59½
gptkbp:establishedBy gptkb:U.S._Congress
gptkbp:establishedIn 1958
https://www.w3.org/2000/01/rdf-schema#label Tax-Sheltered Annuity Plan
gptkbp:investmentsInclude annuities
mutual funds
gptkbp:mayInclude Roth option
gptkbp:offers employees of certain tax-exempt organizations
employees of public schools
gptkbp:purpose retirement savings
gptkbp:regulates gptkb:Internal_Revenue_Service
gptkbp:sectionOfCode Section 403(b) of Internal Revenue Code
gptkbp:subject required minimum distributions
gptkbp:withdrawalsTaxedAs ordinary income
gptkbp:bfsParent gptkb:Section_403(b)
gptkbp:bfsLayer 7