The 403(b) was established in 1958 by the federal government to encourage employees in certain tax-exempt organizations to establish retirement savings plans. The name 403(b) refers to the relevant section in the Internal Revenue Code.
General Investing Tips Articles
Nov 11
The 403b Advantage
Savings bonds are not necessarily the most glamourous of investments. However, they can certainly provide a stable return in a volatile market. But when should you consider redeeming a savings bond?
Theft and unauthorized use of your personal information can destroy your credit and ruin your reputation. Here are some tips to help safeguard your identity:
- Shred financial documents and mailings with personal information before tossing them in your garbage. The garbage is a great source of information for identity thieves.
It’s never too early to start saving. And, its never too late either. Even relatively small savings can grow significantIy over time.
For example, $100 a month in savings at 10% accumulates to almost $76,000 in 20 years. Over 40 years, that same $100 balloons to $632,000.