human
What's the difference between the 401k, the 403b, the 457, and the IRA?
assistant
The main difference between these retirement accounts is how they are taxed. A 401(k) is taxed when you withdraw it in retirement, while a Roth IRA is not taxed until you withdraw it. A 403(b) may be subject to income taxes depending on your employer, while a traditional IRA does not provide any tax advantages.