This publication will help you better understand the tax rules that apply to your 403(b) (tax-sheltered annuity) plan. You will understand and identify excessive contributions, basic rules for claiming the retirement savings, and more.
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Careful preparation for retirement brings major advantages for pastors and congregations both before and after the actual farewell event. Many denominations and pastors have studied the matter of retirement with care.
A registered Retirement Savings Plan (RSP) is an investment account designed primarily for saving toward your retirement years. As a retirement savings vehicle, regulated by the Canadian government, RSPs have special tax benefits.