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In the United States, a 403(b) plan is a U.S. tax-advantaged retirement savings plan available for public education organizations, some non-profit employers (only Internal Revenue Code 501(c)(3) organizations), cooperative hospital service organizations, and self-employed ministers in the United States. [1]
It’s like a 401(k), except for a different type of employee.
A 403(b) plan is a tax-advantaged retirement account that is specifically for public school employees and employees of some charities. Just like with a 401(k), both you and your employer can ...
Here’s how 403(b) and 401(k) plans work and their ... the product of $5,000 times the number of years or service at the organization. ... may make the 403(b) much less attractive as a retirement ...
Northwell Health is a nonprofit integrated healthcare network that is New York State's largest healthcare provider and private employer, with more than 81,000 employees. [ 1 ] The flagship hospitals of Northwell are North Shore University Hospital and Long Island Jewish Medical Center (LIJ Medical Center).
In 1997, the two largest medical centers on Long Island, North Shore Health System and Long Island Jewish Medical Center, merged, creating the North Shore-Long Island Jewish Health System, which is known today as Northwell Health. In 2008 Northwell was the third-largest non-profit secular healthcare system in the United States, based on number ...
One benefit of 403(b) plans is contributions enjoy tax-free growth within the account. ... tax-advantaged way to save for retirement. A 403(b) plan offers a host of benefits that can significantly ...
[1] [2] [5] After working at Fordham, Dowling served in New York State government as state director of Health, Education and Human Services and deputy secretary to former governor Mario Cuomo. [ 1 ] [ 2 ] [ 5 ] He was also commissioner of the New York State Department of Social Services .