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Can terminated employees of a 403(b) church plan contribute to the acc

Guest Jim Brennan

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Guest Jim Brennan

I've been told that terminated employees of a church plan - in this case the plan is 403(B) - can contribute to the account for 5 years after termination. Does this mean that they can defer income from a "for profit" business into their existing 403(B) accounts? Or is something getting twisted in the translation?

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