What Retirement Accounts are Available for Nurses?
Nurses have access to several retirement accounts, including:
1. 401(k) Plans: Offered by many healthcare employers, often with employer matching contributions. 2. 403(b) Plans: Similar to 401(k) plans but available to employees of nonprofit organizations. 3. Individual Retirement Accounts (IRAs): Traditional or Roth IRAs offer tax advantages for retirement savings. 4. Pension Plans: Some hospitals and healthcare systems offer pension plans.
