My daughter asked me for some help. She is early in her career as a university faculty member with a retirement (defined benefit) plan. She has the option of contributing (no match) to a 403(b) or 457(b) plan (the same providers for both plans: AIG-Valic, Fidelity, and TIAA-CREF). Can someone tell me if there is a significant difference to her in either the 403(b) or 457(b)? The only difference I see appears to be if she were late in her career and wanted to do some extra ‘catching up.’ Thanks for any advice that I can pass along to her.