When it comes to retirement savings, 401(k) and 457(b) plans are both popular options, but they have some key differences. While private employers typically offer 401(k) plans, 457(b) plans are available to employees of state and local governments and tax-exempt organizations under IRS Section 501, excluding churches and church-controlled organizations. What is a 457 plan?
Navigating your 457 plan: key steps for physicians changing jobs originally appeared in KevinMD.com.
