The 403b vs 401k – How Are They the Same? How Are They Different?

403b vs 401k

You’ve probably heard of both of these terms, but do you really know the difference between a 403b vs 401k? Even though in the My Money Deisgn household we have both types of plans, to be honest there was a long stretch of time where I didn’t know what the major differences and similarities were between the 403b or 401k. So like most things financially, I jotted down some questions and began looking into each one to find out the answers. Below are my notes on what I found out:   … [Read more...]