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403(b) & 457 Retirement Savings Plans

403(b) Plan

Piggy Bank

A 403(b) plan is a voluntary plan offered by public education organizations to their employees to help support employee retirement savings. It has tax treatment similar to a 401(k) plan.

457 Plan

The 457 plan is a type of deferred compensation retirement plan that is available for governmental employers. For the most part the plan operates similar to a 401k &403b, the key difference is that there is no penalty for withdrawal before the age of 59½ (subject to income tax).

Quick Links

Brian Hart, Inspire Financial (District's Educational Advisor)
Financial Advisor
TX Insurance License #1359670
Phone: (817) 745-4597
bhart@inspirefg.com
planmember.com/bhart
inspirefinancialgroup.com
Click Here for recorded presentation.
 
Edgar Torres (Habla Español) (District's Educational Advisor)
Retirement Advisor
(512) 229-6700

Contact

OMNI TSACG Logo
OMNI Financial Group
https://www.omni403b.com/
(877) 544-6664