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Asked 11/11/2008

What is a 401C plan and how do they differ from 401K and 403B plans?

What is a 401C plan and how do they differ from 401K and 403B plans?

 
 
 
 
 
Answers

Answer 1/3 - Submitted 11/12/2008

A 401K is an employer provided retirement plan where pre-tax dollars are contributed to the account by the employee and a certain percentage may be matched by the employer.

A 403(b) tax-sheltered annuity (TSA) plan is a retirement savings plan, which is available for public education organizations, certain tax-exempt organizations, and certain self-employed ministers in the US.

I have not heard of a 401C.

 
 

Answer 2/3 - Submitted 10/22/2009

Please answer the question above

 
 

Answer 3/3 - Submitted 12/7/2011

I have monies in ira cds that was rolled from my previous employers 401K. I am no unemployeed, is there any way to withdraw monies to live on without having to pay the penalties?

 
 
 
 
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