FHA vs VA Loan FHA loan and VA loan are two types of home loan available in U.S. If you are a home loan borrower, there are many options available to you apart from conventional loans which are becoming increasingly difficult to obtain these days because of rigid requirements of lenders and also because of […]
Difference Between SSI and SSDI
SSI vs SSDI Because not a lot of people really have a good understanding about the difference between SSI and SSDI, it is common to hear people using the terms interchangeably. To avoid misunderstanding, it is best to know and understand everything about these federal programs in the country. SSI or Supplementary Security Income is […]
Difference Between IRA and CD
IRA vs CD There are many saving plans when it comes to retirement. IRA and CD are two very popular plans to save money for the future. Both the plans envisage putting tax free money into savings account which grows till retirement and taxes are applied when the distribution begins. Individual Retirement Account or the […]
Difference Between 403b and 457
403b vs 457 There are many retirement plans in U.S., and while majority of the population is aware of 401k, there are also 403b and 457, which are similar to 401k. While 401k is available to all private sector employees, 403b is available to non profit employees, and 457 is applicable to government employees. There […]
Difference Between 403b and IRA
403b vs IRA Both 403b and IRA are targeted towards retirement planning. While Individual Retirement Account, or IRA, as it is generally known, is available for all to save for future, 403b, which gets its name from being listed in section 403(b) of US tax code is for specific categories of people mentioned 403(b). 403b […]
Difference Between 401k and Roth IRA
401k vs Roth IRA There is no age consideration when you are planning to take a retirement plan. Planning should be done at the early stages of the carrier but if you have overlooked it then it can be done at any stage of your carrier. A person who is planning for the retirement should […]
Difference Between 401K and Annuity
401K vs Annuity Both 401k and annuities being instruments of saving for your retirement, knowing the differences between them is important. Annuities are generally offered by life insurance companies while 401k is a retirement plan offered by an employer to his employees in U.S. Annuity refers to an agreement that you have with an insurance […]
Difference Between 401K and Pension
401K vs Pension It is very important to save for the future; at the same time it is also very important to choose the retirement plan wisely so as to get the best benefit. There are many retirement plans that are popular in U.S., but here we would concentrate upon pension plan and 401k plan. […]