ajjenkins
Oct 21 1998, 12:42 PM
What is the difference between a 403(B) plan and a tax deferred annuity, if any.
CVCalhoun
Oct 21 1998, 01:53 AM
A tax deferred annuity is a type of 403(B) plan. But 403(B) plans also include tax deferred custodial accouts, as set forth in Internal Revenue Code section 403(B)(7), certain other plans maintained by churches, and some grandfathered governmental qualified plans which include 403(B) features.