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Great question I get all the time. You have to still be employed
in order to contribute to your pre-tax 403b contributions. The
good news is that you do not have to take any funds out until 70
1/2. So you will only be taxed on the amount you take out each
year.
Congratulations on the next step... Retirement
John Bustrum
my403bcoach
On 12/19/11, C.O. wrote:
> On 12/18/11, lou wrote:
>> I am retiring in june. Can I keep contributing to my 403 b
>> plan or do I have to open a new acct since I will be
>> retiring?
>>
>> thanks
>>
>> Lou
>
> I think you can only contribute from "earned wages" which
> would not include TRS pension payments. The best thing is
> always to check with your 403b representative.