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401(k) vs 403(b): What's the difference?

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401(k) vs 403(b): What's the difference?

403(b)s and 401(k)s share some similarities, but they also have unique features and benefits, including the types of employers that offer the plans.
Key points Saving for retirement raises important questions. How much do I need to retire? When should I retire? Will my employer help me get there? What kind of retirement savings account should I get?  Two popular options are 403(b) and 401(k) plans. While they share some similarities, they also have unique features and benefits. […]

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