Like private-sector employers, nonprofit organizations, including governmental employers, have incentive to provide retirement plans to employees in order to help them achieve financial security in retirement. This module addresses the unique characteristics of two retirement plans available to employees of nonprofit and governmental organizations: the Section 403(b) tax-sheltered annuity (TSA), and the Section 457 plan.

Author: Kristen MacKenzie, MBA, CFP®, CRPC®

Kristen MacKenzie, MBA, CFP®, CRPC® is an associate professor at the College for Financial Planning. Kristen has over 20 years of experience in the financial services industry, both as an active financial planner and as a provider of financial education. She graduated from the University of Connecticut with a degree in economics and later received her MBA at the University of Colorado. You can contact Kristen at kristen.mackenzie@cffp.edu.

Complexity Level: Intermediate