403b or 401k – Which One is Better?

401k and 403b advantages and disadvantages

If you have been planning about starting a retirement plan, congratulations you have just made the best decision! But you need to be equally careful while taking the next step – deciding the best IRA plan for yourself. The two most common of these are 401k and 4013 b. Though it is mostly the employer … Read more 403b or 401k – Which One is Better?

403b, A Qualified Retirement Plan

403b, A Qualified Retirement Plan

Is a 403 (b) a Qualified Retirement Plan? A qualified retirement plan is an employer plan that benefits employees and meets specific requirements of the Internal Revenue Code. These plans may be eligible for special tax benefits, such as tax deferrals for company contributions. Your contributions may also qualify for a tax deferment. Saving for … Read more 403b, A Qualified Retirement Plan