403(b) Plan Questions & Answers

1. What is a 403(b) tax deferred annuity plan?

2. How are contributions to my 403 (b) tax deferred annuity plan invested?

3. May I transfer between the different investment options?

4. How much can I contribute on a tax-deferred basis?

5. If I stop contributing to the plan, can I restart contributions in the future?

6. May I change my contribution level?

7. How can I access the money I have in the plan?

8. Are there charges for withdrawals?

9. When am I required to withdraw my money?

10. What happens if I leave my current employer?

11. What happens to my tax deferred annuity plan when I die?

12. What are the expenses/fees?

13. What is age "50+ catch-up"?