Guest vetat Posted October 4, 2000 Share Posted October 4, 2000 My question pertains to "retirement income accounts" for churches. IRS Publication 571 says: A TSA plan can invest funds for participating employees in: € Annuity contracts € Custodial accounts holding mutual fund shares, or € RETIREMENT INCOME ACCOUNTS (defined-contribution plans maintained by churches or certain church-related organizations. What exactly is a retirement income account? What can they invest in? Is it just for churches? How is different than the 403(b)or 403(B)(7) plans? Thank you for your time and consideration. Link to comment Share on other sites More sharing options...
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