JSN ImageShow Free - Joomla 1.5 extension (component, module) by JoomlaShine.com
 
         
 

403(b) Plans: Beneficial Tax Law Changes
In 1958, the Internal Revenue Service (IRS) created 403(b) plans to encourage employees of certain organizations to begin saving for retirement. Organizations eligible for participation in these plans include those “organized and operated exclusively for religious, charitable, scientific, public-safety testing, literary, or educational purposes.” Paragraph (7) was added in 1974 by Congress, which gave participants the right to invest in mutual funds as opposed to only insurance company investments. In 2001, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) offered the most recent update on 403(b) plans and provided several favorable changes to the rules and regulations, which were made permanent by the Pension Protection Act of 2006.
Read more...
 

PLEASE NOTE: The information being provided is strictly as a courtesy.  When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites.  Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, websites, information and programs made available through this website.  When you access one of these websites, you are leaving our website and assume total responsibility and risk for your use of the websites you are linking to.
1601 Old Cheney Road  Lincoln, NE 68512
Phone: 402-421-2626   Fax: 402-421-8168
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.
This communication is strictly intended for individuals residing in the states of AK, AL, AZ, CA, CO, DC, FL, HI, IA, IL,  IN, KS, MA, MI, MN, MO, NE, NV, NY, OH, OK, SD, TX, VA and WA. No offers may be made or accepted from any resident outside these states.

IMPORTANT CONSUMER INFORMATION A broker/dealer (BD), investment adviser (IA), or IA representative may only transact business in a state if first registered, or is excluded or exempt from state broker/dealer, investment adviser, BD agent, or IA registration requirements, as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion.

For information concerning the licensing status or disciplinary history of a BD, IA, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.