The most used employer sponsored retirement plans are called 401(k), 403(b) or 457 plans – named for the IRS tax codes that govern them. Another one is the TSP (Thrift Savings Plan).
Offered to employees of public or private for-profit companies.
Offered to employees of tax-exempt or non-profit organizations, such as public schools, colleges, hospitals, libraries, philanthropic organizations and churches.
Offered to employees of state and local municipal governments (and some local school and state university systems).
Thrift Savings Plans (TSP)
Offered to federal civilian and uniformed services employees.
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** Some of the Information on this site has been derived from different resources such as the National Financial Planning Association, Securities and Exchange and Commission, Department of Insurance and Investopedia
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