Hunter Benefits Consulting Group, Inc.’s Post

Did you know that there's more than one kind of 403(b) plan? Yup. There's an ERISA one and a non-ERISA one. Non-ERISA ones have no employer money in them. One penny of employer money in a non-ERISA 403(b) plan makes it an ERISA 403(b) Plan. And you can't undo that. Friends don't let friends make non-ERISA 403(b) Plans into ERISA 403(b) Plans. Want to learn how they compare to 401(k) plans? Click the link in the comments to watch the full video. #401k #403b #retirement