We were at a dinner tonight with some teacher friends
and the subject of retiring came up - along with the 403b topic.
If someone never took advantage of the 403b program,
but would like to make use of it in their last couple of years
does it make any sense...... $16k + $5k catchup = $21k
A - it reduces current taxable income
B - it adds a little ($80k) to a "new" deferred account
- posted 8 years ago