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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 ...
403(b) Plan. 401(k) Plan. Eligibility. Work for a nonprofit or government entity. Work for any private employer. Contribution Limits. $22,500 per year in 2023, plus an additional $3,000 per year ...
It’s like a 401(k), except for a different type of employee.
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).
The Employee Retirement Income Security Act (ERISA) does not require 403(b) plans to be technically "qualified" plans (i.e., plans governed by U.S. Tax Code 401(a)), but 403(b) plans have the same general appearance as qualified plans. While the option is available it is not known how prevalent or if any 403(b) plan has been started or amended ...
North Shore University Hospital (formerly known as Manhasset Hospital) is a part of Northwell Health, New York State's largest healthcare provider and private employer. [1] It is one of two primary teaching hospitals for the Zucker School of Medicine (along with Long Island Jewish Medical Center ), offering residency programs, postgraduate ...
Finally, what most distinguishes the 403(b) plan from the 401(k) plan is who has access to each plan. The 403(b) is for school districts, churches, charities and some public-sector employees.
The NewYork-Presbyterian Healthcare System is a network of independent, cooperating, acute-care and community hospitals, continuum-of-care facilities, home-health agencies, ambulatory sites, and specialty institutes in the New York metropolitan area.