403(b) Plan
Our specialized 403(b) plans cater to non-profits and educational institutions, helping them offer competitive, tax-efficient retirement benefits.
403(b) Plan
We’re committed to delivering 401(k) and 403(b) plan management solutions, paired with exceptional service, to ensure your plan runs smoothly.
Embracing the Potential of 403(b) Plans
A 403(b) plan is a tax-deferred retirement plan available to employees of public schools, non-profit organizations, and certain ministers. Similar to a 401(k) plan but with some distinct differences, 403(b) plans offer employees the opportunity to contribute pre-tax dollars to their retirement, with earnings growing tax-deferred until retirement.
- Designed for Non-Profits: Tailored for employees of public schools, non-profit organizations, and certain ministers.
- Tax-Deferred Growth: Employee contributions and earnings grow tax-deferred, bolstering their retirement savings.
- Catch-up Contributions: Unique "15-year rule" catch-up contribution provision can provide long-term employees with an opportunity to significantly increase their savings.
- Annuity Options: Traditionally offered a range of annuity options, though now also include mutual funds.
Guiding Your 403(b) Journey with Prosperity
Our team at Prosperity Financial Group understands the unique characteristics and compliance requirements of 403(b) plans. We offer comprehensive 403(b) plan services, from setup and administration to investment guidance, ensuring your plan aligns with the specific needs of your organization and employees.
You’re in GOOD Company
More than 4,500 employees at over 30 companies save with Prosperity 401(k) Advisors.
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