Looking at an employee benefits package and they offer both, a 403b and a 401a. I know the 403b is essentially a 401k for a non-profit but what is the 401a? Details: company match in the 403b up to 5% of your contribution. If you save 5% in the 401a, they match 3% and also add a yearly amount between 1.5 to 4% depending on your years of service (note: I'm working off the plan summary;I don't have the plan details yet). Both are using pretax dollars. My question is what are the advantages of one over the other? TIA.
Submitted May 23, 2021 at 08:41AM by 01310626 https://ift.tt/2Sf9PPs
