In general, 401(k) plans and 403(b) plans are very similar—both are defined-contribution retirement plans offered by employers to employees. The primary difference between the two is the type of employer that typcially sponsors them and the investment options. The 403(b) plan is offered to employees of tax-exempt organizations, such as charitable organizations and public schools.
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Russia and Ukraine signed a protocol late on Friday agreeing terms for the transit of gas to Europe, bringing forward the long-awaited renewal of a deal due to expire at the end of the year. A stand-off between the two countries had threatened to disrupt supplies to Europe when the existing contract expires on December
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Democratic presidential candidates do not seem particularly concerned about Americans’ retirement savings accounts, CNBC’s Jim Cramer said Friday. “I listened to the Democratic debate last night. None of those candidates, I find, is really interested in your 401(k),” Cramer said on “Squawk on the Street.” Seven candidates qualified for Thursday’s primary debate in Los Angeles,
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