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How are benefits paid to an employee from a 403(b) plan?

April 26, 2017Benefits employee paid Plan

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How are benefits paid to an employee from a 403(b) plan?

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403(b) plans may provide employees with a choice on how benefits will be paid. For example, an employee can choose to have benefits paid in a lump sum. Certain distributions may be eligible for rollover to another plan or an IRA.