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  2. 457 plan - Wikipedia

    en.wikipedia.org/wiki/457_plan

    Governmental 457 plans may be rolled into other types of retirement plans with few restrictions beyond the normal ones for any other type of employer-provided plan, which includes separation of service or disability. This includes other gastro-401(k) and 403(b) plans and also IRAs. IRAs have much greater flexibility in withdrawal and conversion ...

  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. What Is a 457(b) Plan? - AOL

    www.aol.com/news/457-b-plan-170351239.html

    Individuals working for state and local governments, as well as some tax-exempt organizations, may be eligible for a 457(b) plan. This type of account is designed to help government and nonprofit ...

  5. 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 ...

  6. 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.

  7. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    Governmental employers in the United States (that is, federal, state, county, and city governments) are currently barred from offering 401(k) retirement plans unless the retirement plan was established before May 1986. Governmental organizations may set up a section 457(b) retirement plan instead.

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

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

    A 457(b) retirement plan is an employer-sponsored deferred compensation plan for employees of state and local government agencies and some tax-exempt organizations. Income taxes: If you choose to ...

  9. Retirement spend-down - Wikipedia

    en.wikipedia.org/wiki/Retirement_spend-down

    Individuals may receive retirement income from a variety of sources: Personal savings and interest; Retirement savings plans (i.e., individual retirement account (United States), Registered Retirement Savings Plan (Canada)) Defined contribution plans (i.e., 401(k), 403(b), SIMPLE, 457(b), etc.) Defined benefit pension plans

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