403(b) Plans

A 403(b) plan is a special tax-advantaged retirement plan designed exclusively for employees of the following types of organizations:
  • Hospitals and health care organizations
  • Charitable foundations
  • Scientific and research organizations
  • Churches and other religious organizations
  • Educational institutions

There are two general types of 403(b) plans – tax sheltered annuities (TSAs) issued by an insurer, and custodial accounts, invested exclusively in mutual funds. Either type of 403(b) plan allows participants to make pretax contributions to a separate retirement annuity or custodial account set up in their individual names. Earnings in these accounts grow tax-deferred.


For more information on establishing a 403(b) plan, visit wellsfargo.com.
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  • May Lose Value