Skip to main content

You are here

Advertisement


Practice Management

Permissible Distributions

Q. When can a distribution be made from a 403(b) account?

A. Generally, a distribution can’t be made from a 403(b) account until the employee:

  • Reaches age 59½.
  • Has a severance from employment.
  • Dies.
  • Becomes disabled.
  • In the case of elective deferrals, encounters financial hardship.
  • Has a qualified reservist distribution.