Content Overview 
- Summary
- Withdrawals For Hardship
- The Definition Of A 403(B) Plan Also Known As A "TSA"
- What Are The Benefits Of A 403B Plan?
- Limitation On The Amount Of Contributions To A TSA
- If You Have Been With The Organization For More Than 15 Years
- How Contributions To The Plan Are Made
- Permitted Investments For Money In A TSA
- Borrowing From A TSA
- If You Become Disabled
- If You Leave Your Employer Before Age 59 1/2
- If You Retire Or Leave Your Employer And You Are Older Than Age 59 1/2
- Forced Withdrawal Of Money From A TSA At Age 70 l/2
- What Happens To The Money In A TSA If I Die?
403(B)/ TSA Plans
If You Become Disabled
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If you become disabled as defined by your Plan, you can withdraw money from your TSA without an early distribution penalty. You will, however, have to pay income taxes on the distribution. The money will be counted in with your "ordinary income," meaning it gets added to the rest of your income that year before the tax is calculated.
Some plans define disability with the same wording as in the Social Security law, such as with respect to Social Security Disability Insurance law. To learn more, including how to increase the chances of a favorable determination, see: SSDI 101.
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