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WCI #349: Is Over Contributing to Your 403(b) Ever a Good Idea?

White Coat Investor Podcast

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Understanding Safe Harbor Contributions and Considering a Cash Balance Plan

This chapter explores the concept of safe harbor contributions in a 403(b) plan, explaining the minimum requirements and additional contributions necessary for non-highly compensated employees. It advises against attempting to handle this complex process independently and suggests considering the cost of matching contributions for employees, as well as the potential benefits of higher contributions for oneself.

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