Stocks

[gales0678]

Originally Posted by RockHardTen1985

Gales serious question....The HR guy at my job is a tool, I have a bigger education then him. We have a new plan, well new to us called 403-b administered byu Franklin Templeton Financial Advisors. The HR guy is clueless, my question is... Is this $ locked in forever? What If I put a huge part of my pay into it? Can I take loans off of it, or take it out without penelty?

the $ is not locked away forever , but there are costs if you try to borrow against it and early withdrawl penalties

put in what you can afford and just make beleive it's not there , joe they years go by fast and you will need that $ in retirement