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  2. 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 ...

  3. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

  4. 401 (k) Alternatives: How To Save for Retirement Without a ...

    www.aol.com/build-wealth-without-using-401...

    You have numerous retirement investment options beyond 401(k)s -- including an employer pension, which is mainly available to certain employees who work in education or government. If you are ...

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

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

    Pros: Automatically deposits money from your paycheck into a retirement account. Cons: The employee must do the work of setting up a plan, and employers can not contribute to it as with a 401(k ...

  6. How to retire on less than $1 million and never run out of money

    www.aol.com/finance/retire-less-1-million-never...

    Social Security: Social Security payments are another aspect of retirement income that can help make up for a lack of retirement savings. The average Social Security check for a retired worker was ...

  7. Pension spiking - Wikipedia

    en.wikipedia.org/wiki/Pension_spiking

    Upon retirement any employee transitions from receiving a paycheck from the employer to a pension check drawn on the assets of the retirement fund; this amount is typically determined as a percentage of the employee's regular salary by state law or statute. When an employee due to retire receives a "spike", the amount of money the employee will ...

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