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URL:  http://boards.fool.com/greetings-psuengineerfool-and-welcome-you-10131831.aspx

Subject:  Re: 403b vs. 401k Date:  3/18/1998  2:38 PM
Author:  TMFPixy Number:  2248 of 78169

Greetings, PSUEngineerFool, and welcome.

You wrote:

"<<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