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2. 457 plan - Wikipedia

   en.wikipedia.org/wiki/457_plan

   The 457 plan is a type of nonqualified, [1] [2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.

3. Pros and cons of government 457(b) retirement plans - AOL

   www.aol.com/finance/pros-cons-government-457-b...

   Like its better-known sibling — the 401(k) — a 457(b) retirement plan is a tax-advantaged way to save for retirement. But the 457(b) is designed especially for employees of state and local ...

4. Retirement plans in the United States - Wikipedia

   en.wikipedia.org/wiki/Retirement_plans_in_the...

   Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

5. Roth vs Traditional 401(k)/457(b) when expecting pension ...

   www.aol.com/roth-vs-traditional-401-k-164438552.html

   Retirement planning is no longer an easy task. Age, retirement plan options, taxes, and required minimum distributions (RMD) have all made the calculations much more difficult. You just about need ...

6. Types of retirement plans and which to consider - AOL

   www.aol.com/finance/types-retirement-plans...

   SoFi shares the nuances of different retirement plans, ... 457(b) Plans. A 457(b) retirement plan is an employer-sponsored deferred compensation plan for employees of state and local government ...

7. Deferred compensation - Wikipedia

   en.wikipedia.org/wiki/Deferred_compensation

   Qualifying plans include 401(k) (for non-government organizations), 403(b) (for public education employers and 501(c)(3) non-profit organizations and ministers), and 457(b) (for state and local government organizations) [2] ERISA, has many regulations, one of which is how much employee income can qualify. (The tax benefits in qualifying plans ...

8. 457(b) vs. 401(k) Plans: What’s the Difference? - AOL

   www.aol.com/news/457-b-vs-401-k-180731583.html

   When saving for retirement, your employer may give you a hand by offering a tax-advantaged savings plan. Your options might include a 401(k) plan or a 457(b) plan. Both plans allow you to ...

9. How Much Can You Contribute to a 457 Retirement Plan ... - AOL

   www.aol.com/news/much-contribute-457-retirement...

   State and local government workers can contribute $500 more to their 457 plans in 2020 than they could in 2019. Some workers can make additional catch-up contributions, too.