Skip to Content
An HR Glossary for HR Terms

Glossary of Human Resources Management and Employee Benefit Terms

page leaf

403(b)

What is 403(b)?

403(b) refers to Tax Sheltered Annuities. This is an annuity contract that is purchased under a qualified plan covering employees of an education institution designated under federal law. There are specific requirements in order to make sure the plan is qualified, which are also described by federal law.

We use cookies to improve your browsing experience. By continuing to use this website, you agree to our use of cookies in accordance with our privacy policy.