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CMHS H.E.R.O Program


CMHS HERO Period

NEW 2 PM RELEASE TIME FOR CMHS STUDENTS

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05. Frequently Asked Questions about 403(b)

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1. What is a 403(b) tax deferred retirement plan?
2. Why is tax deferral such a good deal?
3. What happens if I withdraw some of the money while I am still working?
4. What happens to the money in my 403(b) if I change jobs?
5. How much can I contribute to the 403(b) plans?
6. How do I get started with a 403(b) Retirement Plan?

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Crete-Monee School District 201-U 1500 Sangamon Street, Crete, IL 60417 Phone: 708-367-8300 Fax: 708-672-2698