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URL:  http://boards.fool.com/ltltstate-and-local-governments-are-prohibited-10131739.aspx

Subject:  Re: 403b vs. 401k Date:  3/18/1998  1:12 PM
Author:  PSUEngineerFool Number:  2246 of 76418

<<State and local governments are prohibited from offering a 401(k) plan to their employees.>>

One small correction to what you wrote. This is not entirely true. State employees in North Carolina are not limited to 403(b) plans and can invest through a 401(k) plan that the State offers. I don't know if local or other states governments are limited.
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