403(b)

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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.
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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.
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