401(k) & 403(b) Plans
401(k) and 403(b) plans are the two plans held by many of the American employees who are enrolled in retirement plans.
In terms of a 401(k), what’s the difference between a Roth 401(k) and a traditional 401(k)? According to Charles Schwab, the difference comes down to when you pay the taxes. Read their article to see which option is best for your savings.
Check out our charts on the two plans below, and make sure to highlight the annual contribution and catch-up contribution sections.
