There are quite a few "flavors" of IRS-recognized accounts. There are a few categories which have lot of similarities between them, and a few differences. Yesterday I saw a post that described these accounts that I think might be a useful reference. For me, the usefulness comes in how the accounts open to public employees relate to the ones I'm familiar with [i.e. 401(k)].
- Pre-Tax Individual Retirement Accounts
- Rollover IRA
- Custodial IRA
- Post-Tax Roth Individual Retirement Accounts
- Custodial Roth IRA
- Inherited Roth IRA
- 401(k) plan
- 403(b) plan or Tax-Sheltered Annuity or TSA plan
- 457(b) plan or Deferred Compensation Plan
- Simplified Employee Pension IRA or SEP IRA
- SIMPLE IRA or Savings Incentive Match Plans for Employees
The descriptions for each of the above are in this article
, if you've ever wondered about the differences between some of these.