403(b) plans are very similar to 401(k) plans in that they are retirement investments set up by employers that may receive contributions from both employers and the employees. The central difference is that 403(b) plans are solely designed for employees of non-profit or tax-exempt organizations such as church groups, schools, hospitals, and other non-profit agencies. 403(b) plans are designed for the investor to contribute directly to the investment from a paycheck prior to taking out taxes. Generally speaking, withdrawals can be made at the age of 59 ½, separation of service, disability, or death. Sgroi Financial can help you determine the best investments to choose within your 403(b) to best suit your investment portfolio.