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Employee elective deferral contributions to 403 (b) plans have all of the following characteristics except: they are not tax deductible they are subject to payroll

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Employee elective deferral contributions to 403 (b) plans have all of the following characteristics except: they are not tax deductible they are subject to payroll taxes the amount that may be deferred has limits and a catch-up provision there is an after tax option (ROTH) available in many play

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