UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next
Author: RogerD One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76384  
Subject: Re: 403b vs. 401k Date: 3/19/1998 10:12 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
"As always, I learn something when I read your messages. Would you please expand on your explanation of "catch up" contributions to a 403b? My wife, a teacher, has taught for 7 consecutive years, but didn't start her 403b until 4 years ago. How can she "catch up?" on the missing 3 years?"

She might want to call the retirement or benefits office for her school system to find out the maximum contribution she can make to her 403(b). The limit for contributions to the account depends on a number of factors that together permit her to catch up if she's been slow to contribute. I'm sure Pixy knows the rules and the formula they use for the maximum amount she can contribute, but I doubt that anyone on TMF can give you better information on how to actually do it than the people at her central office.

BTW, Pixy, what is that formula?
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Russia Collapsing Again?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement