403(b)

If you've been putting the maximum amount of money into a tax-deferred retirement plan and were hoping to set aside even more next year, you'll be disappointed by the IRS's decision not to increase the limits.

If you're worried about outliving your retirement savings, consider this:  Don't withdraw more than 6 percent annually from your employer-sponsored 401(k) or 403(b) plan.  Take more than that and you could be tempting fate. That's the harsh conclusion from the Institutional Retirement Income Council, a nonprofit think tank that looked at several strategies for new retirees.