401k, 403b, & Pensions – What Is The Difference?

by | Dec 23, 2022 | 403b

401k, 403b, & Pensions – What Is The Difference?




When you end up getting a job through an employer, one of the first things they do is introduce you to a benefits package. This includes a retirement plan.

The 3 most common plans are 401k, 403b, & pensions. Pensions are less common than the prior 2, but do still exist. If we are putting pretty much our life savings into these things, we should property know what they are & how they work.

You should never invest in something that you do not fully understand. Dont just chuck money at things blindly…… be smart about it. Do your homework. #investing #planning #money #retirement #401k #403b #pension…(read more)


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