Why Switching from a 403(b) to a 401(k) May Not Be the Best Choice

Internal Revenue Code Section 501(c)(3) organizations that sponsor an ERISA 403(b) plan may have to choose between terminating or freezing its 403(b) plan and sponsoring a 401(k) plan instead. In MarketBeat, Lynn Knight discusses a few advantages an ERISA 403(b) plan has compared to a 401(k) plan.