What Are The Differences Between 403b Plans And Other Retirement Accounts?

If you've been looking at your options regarding retirement savings, 403b accounts are one of the possibilities that you may have run across in the course of your research. While these retirement plans have many similarities to 401k plans or a Roth IRA, there are also some important differences between 403b plans and other retirement planning options which you should be aware of, starting with the criteria for eligibility. Unlike 401k plans, 403b retirement plans are available only to teachers and other school staff, librarians, nurses, self-employed members of the clergy and other employees of non-profit organization,...

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