Welcome to KY403b.com
KY403b.com is an education website to help employees understand the basics of their retirement plans.

We want you to refer to this website and send your coworkers, friends and family here when they have questions about their retirement plans.

What is a 403(b) Plan?                 
A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers.

Individual accounts in a 403(b) plan can be any of the following types.

  • An annuity contract, which is a contract provided through an insurance company,

  • A custodial account, which is an account invested in mutual funds, or

  • A retirement income account set up for church employees. Generally, retirement income accounts can invest in either annuities or mutual funds.

Why contribute to a 403b?
Contributions to a 403b are typically pre-tax and grow on a tax-deferred basis meaning that when you contribute, and as long as the money is in the account, you do not pay any taxes until the money is withdrawn. This allows your money, and the taxes that normally would be paid on income or gains, to remain in your account working for you. Many employers also provide a matching contribution to help fund your retirement.


KY403b.com is affiliated with Proactive Wealth Management(PWM), a Kentucky based Registered Investment Advisory Firm. We are not employees or representatives of any employers listed here. PWM/KY403b.com is not a government agency. Retirement plan provisions, matching, investment options, enrollment options, tax laws and other items may be subject to change and participants should check with their employer, enrollment forms, plan documents and/or the IRS for such information. PWM may not be able to manage/assist with all retirement plans. The information here is not considered legal, tax, or investment advice. . . .
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