April is Financial Literacy Month
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Retirement plan types
401(k)
These tax-advantaged, employer-provided plans use the power of compounding interest to help employees supplement Social Security in retirement.
401(k) plans403(b)
These tax-deferred plans are designed for employees of public schools, colleges and universities, churches and other religious organizations.
403(b) plans457(b)
Also known as deferred compensation plans, 457(b) retirement plans are designed for government and non-profit employees.
457(b) plans