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Making the most of your job change finances

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Question: The company I work for has been sold. Previously we were a non-profit entity. Now we will do business as a for profit entity.

That means we have to change our retirement plan from a 403(b) plan to a 401(k) plan. Is there a big difference between these kinds of plans? What are my options?
 
Answer: Retirement plans have become crossover artists.

 It seems like every week another popular singer (they like to be called artists) has done a “cross-over.” They leave the genre that brought them fame and fortune and cross over into a new style of music.

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