What is a 403(b) plan?
The Bankrate.com financial term of the day is: "403(b) plan."
Some categories of employers won't offer you the chance to save for retirement in a 401(k) plan -- but only because your option has a slightly different name. It's called a 403(b) plan. It's similar to a 401(k) but is set up for people who work in government or for nonprofit organizations.
A 403(b) plan is your version of a 401(k) if your job is with a charity or a public agency.
For answers to all of your retirement questions, visit the Retirement section at Bankrate.com.
Studies have shown employees who take advantage of 401(k) advice do better than their peers.
You may find less money in every paycheck, but in the long run, saving in a 401(k) will pay off.
If you have more than one retirement investment option, which should you fund first?
With the changing retirement landscape, do you ask yourself if you'll ever get to retire?
Follow this three-step process to choose the investments in your retirement plan.
Want to save on insurance? Make sure to check on any new discounts your insurer may be offering.
Follow these three steps to raise your credit score now before you start borrowing money.
No longer finding free checking at your bank? You may want to consider a credit union.
Planning, clipping and budgeting can save you money on your food bill.
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A little research could save you BIG on interest.
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