Understanding Your 403(b) Retirement Plan

Navigating the world of retirement planning can feel overwhelming, especially when faced with the complexities of a 403(b) plan. Unlike the more common 401(k) plans often found in for-profit companies, 403(b) plans are specifically designed for employees of public schools, non-profit organizations, and religious institutions. This plan allows you to contribute a portion of your pre-tax salary to a tax-deferred investment account, helping you build wealth for retirement without paying taxes on your contributions until retirement. The New TCG Administrators 403(b) plan aims to simplify this process, providing a user-friendly platform and a range of