I am an educator with a 403b managed through the school district. I opened a private Roth IRA and convert the maximum amount allowed each year out of the 403b into my Roth. I have to pay the taxes but if I wanted, I could have also chosen a regular Roth IRA and rolled the money tax free. Look into it if you're an educator!
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I am an educator with a 403b managed through the school district. I opened a private Roth IRA and convert the maximum amount allowed each year out of the 403b into my Roth. I have to pay the taxes but if I wanted, I could have also chosen a regular Roth IRA and rolled the money tax free. Look into it if you're an educator!
Post: 403 Beware
Link to comment from September 27, 2023