Choosing the Right Retirement Plan: 403(b) vs. 401(k)
When preparing for/planning for/saving for retirement, choosing the right plan is essential. Two popular options are 403(b) and 401(k) plans. While both present tax advantages, they have distinct features that impact your decision. A 403(b) plan is commonly available to employees of public schools, while a 401(k) plan is offered by for-profit compa