Section 403

403 a 3 self employed individuals. Ff describes how the state will ensure that a private industry council to which information is disclosed pursuant to section 403 a 5 k or 454a f 5 has procedures for safeguarding the information and for ensuring that the information is used solely for the purpose described in that section. The reimbursement authority provided by section 403 c 3 b of title 37 united states code as added by subsection a applies with respect to losses relating to housing that are sustained on or after july 1 1997 by a member of the uniformed services as a result of fluctuations in the relative value of the currencies of the united states and the foreign country in which the housing is located.

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Employers can also contribute to employees accounts.

Section 403. In the case of any contract purchased in a plan year beginning before january 1 1995 section 403 b of the internal revenue code of 1986 shall be applied as if any reference to an employer described in section 501 c 3 of the internal revenue code of 1986 which is exempt from tax under section 501 of such code included a reference to an employer which is an indian tribal government as defined by section 7701 a 40 of such code a subdivision of an indian tribal government determined. 403 a 2 special rule for health and long term care insurance to the extent provided in section 402 l paragraph 1 shall not apply to the amount distributed under the contract which is otherwise includible in gross income under this subsection. Irc 403b tax sheltered annuity plans internal revenue service.

A 403 a plan and indeed there is a section 403 a of the code right before 403 b but often overlooked is essentially a 401 a plan funded by annuity contracts instead of a trust. A 403 b plan also called a tax sheltered annuity or tsa plan is a retirement plan offered by public schools and certain 501 c 3 tax exempt organizations. Employees save for retirement by contributing to individual accounts.