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Overview of 403(b) - Oregon Health and Science University - ohsu

Overview of 403(b) - Oregon Health and Science University - ohsu 2025

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The Oregon Health & Science University (OHSU) Voluntary Savings Program Guidebook provides eligible employees with information on enhancing retirement income through tax-deferred contributions in the 403(b) and 457(b) Plans. It outlines the features, responsibilities, investment options, and administrative details of these plans, including contribution limits, enrollment procedures, and tax implications. The guide emphasizes that OHSU facilitates participation but does not provide investment or tax advice, encouraging employees to consult financial advisors for personalized guidance.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is Oregon Health and Science University hard to get into?

What is the overall acceptance rate at OHSU? The overall acceptance rate is 2.28%.

What is a 457b compared to 401k?

With the MO Deferred Comp 457(b) plan, you can access your retirement savings, penalty free, at any age as long as you are separated from state employment. In a traditional IRA, you typically will not be able to withdraw your money before age 59 without paying a 10% early withdrawal penalty.

What is the acceptance rate for Oregon Health Science university OHSU?

Oregon Health and Science University is very selective with an acceptance rate of 2.28%. ing to the U.S. News World Report, the university ranked #30 in Best Medical School: Research. The tuition fee for residents and non-residents at OHSU is the same which is $97,362 (9 qtrs).

What is a 457b equivalent to?

Default risk: Workers 401(k)s are subject to the Employee Retirement Income Security Act (ERISA), which offers creditor protection for people with those plans. 457(b) plans arent subject to ERISA. Unlike 401(k)s, savings in non-governmental 457(b)s are at risk from creditors if the sponsoring employer goes bankrupt.

What is a 457b plan and how does it work?

457(b) plans and 401(k) plans are very similar. Both offer you the opportunity to make tax-deferred contributions to a retirement account. That means the money you contribute isnt counted as taxable income for that year, therefore reducing your income tax liability.

What is Oregon Health and Science University known for?

OHSU is Oregons only public academic health center. We are a system of hospitals and clinics across Oregon and southwest Washington. We are an institution of higher learning, with schools of medicine, nursing, pharmacy, dentistry and public health and with a network of campuses and partners throughout Oregon.

What is OHSU 457B?

All OHSU postdoctoral scholars are eligible for participation in the 457(b) Postdoctoral Scholar Retirement Plan. The plan includes a 3% pre-tax contribution paid by OHSU to your 457(b) plan.

Overview of 403(b) - Oregon Health and Science University - ohsu 2025

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