403-B is similar to a 401-K but is for government workers and teachers, etc. It’s difficult to withdraw your money before you turn 59 1/2. In fact, unless you leave your job or suffer a permanent disability, you might not be able to get at the money at all! Some plans offer hardship distributions or loans if you need to pay for a funeral or save your home from foreclosure -- but not all 403(b) plans allow them. Loans allow you to take out up to $50,000 or half your account balance, whichever is smaller, and repay it with INTEREST, usually over up to five years.