SELECTING THE RIGHT RETIREMENT PLAN: 403(B) VS. 401(K)

When preparing for/planning for/saving for retirement, choosing the right strategy is vital. Two common options are 403(b) and 401(k) plans. While both offer tax benefits, they have unique features that impact your decision. A 403(b) plan is commonly available to employees of public schools, while a 401(k) plan is provided by for-profit companies.