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A 457(b) is similar to a 401(k) in how it allows workers to put away money into a special retirement account that provides tax advantages, letting you grow your savings tax-deferred.
The Employee Retirement Income Security Act (ERISA) does not require 403(b) plans to be technically "qualified" plans (i.e., plans governed by U.S. Tax Code 401(a)), but 403(b) plans have the same general appearance as qualified plans. While the option is available it is not known how prevalent or if any 403(b) plan has been started or amended ...
For the most part, the plan operates similarly to a 401(k) or 403(b) plan with which most people in the US are familiar. The key difference is that unlike with a 401(k) plan, it has no 10% penalty for withdrawal before the age of 55 (59 years, 6 months for IRA accounts) (although the withdrawal is subject to ordinary income taxation).
Both 401(k) and 403(b) plans may allow for loans, hardship withdrawals and an additional catch-up contribution for employees over age 50. ... If you have a 403(b) plan, look to invest in funds ...
Alliance College-Ready Public Schools (LA Alliance) is one of the largest nonprofit public charter school networks in the nation, operating 26 high-performing, public charter middle and high schools that educate nearly 13,000 scholars from Los Angeles’ most underserved communities. The mission of the organization is for 75% or more of the ...
The seven-member school board sets policy for the nation's second-largest school district, which educates about 420,000 students and employs some 74,000 teachers, administrators and other staff.
Refugio Rodriguez (born 1972) is an American educator and politician, who served as President of the Los Angeles Unified School District Board of Education in 2017. He served as a member of the Board from 2015 until his resignation in 2018, and currently serves as an adjunct professor at Santa Ana College.
With just two candidates for L.A. Unified Board District 7, the March primary will pick the final winner -- unlike in the other school-district contests.