What is the difference between a 401k and a 403b?

Both plans are established by employers for the benefit of their employees. A 401k plan is established by corporations, while a 403b plan is established by non-profit organizations, public education organizations and self employed ministers. Both qualified retirement plans have similar tax treatment.

Glossary: 
Key Phrases: 
FAQ Topics: 
Key Phrases:
Glossary: 
Key Phrases: 
FAQ Topics: