403(b) Tax Sheltered Account - Employees of Public Schools

Congress authorized 403(b) tax deferred savings plans for employees of certain 501(c)3 organizations in 1958.  In 1961, IRC 403(b) was extended to employees of public education institutions, including colleges and universities.  The original legislation required 403(b) investments be used with annuity contracts, hence the "403(b) tax sheltered annuity" language became common.  In 1974, mutual fund custodial accounts were made available.

Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.

Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.

Tax information is provided for informational use only and should not be used for preparation of your tax return.  Income tax is complex.  A qualified tax professional may assist you with determining your overall income tax liability.  Consult your attorney, accountant, or tax advisor for your specific situation.   Tax, legal, or social security claiming services are not offered through or supervised by Lincoln Investment or Capital Analysts.