Discussion in '401k, IRA and Retirement' started by Francy, May 22, 2014.
Anyone ever heard of a 403B? I assume it's similar if not like a 401K plan.
My wife has a 403(b). It is similar to a 401K, but is for public education organizations and some non-profit employers. There used to be subtle differences between the two, beyond who can offer what, but in recent years they are pretty close to a 401K
Are you planning on investing via such a plan?
Max it out!
Yes! The company I work for offers this type of plan. I spoke with human resources to get more information and start to contribute. Sounds promising.
I have a 403B plan since I work for a non profit organization. I do not see much a difference between this and a traditional 401k plan. The only downfall of working non profit is that the employer match is much smaller. You are able to personally contribute a lot, and my investments grow just about as steady as anyone elses.
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