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

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

    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.

  3. 457 plan - Wikipedia

    en.wikipedia.org/wiki/457_plan

    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.

  4. Can I Roll My 457(b) Retirement Plan Into an IRA?

    www.aol.com/finance/roll-457-b-retirement-plan...

    A 457(b) retirement plan is a tax-advantaged saving scheme available to government and certain non-profit employees. It allows participants to defer income taxes on retirement savings until the ...

  5. 401 (a) - Wikipedia

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

    401 (a) In the United States, a 401 (a) plan is a tax-deferred retirement savings plan defined by subsection 401 (a) of the Internal Revenue Code. [1] The 401 (a) plan is established by an employer, and allows for contributions by the employer or both employer and employee. [2] Contribution amounts, whether dollar-based or percentage-based ...

  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. Should you use retirement savings to pay off debt? - AOL

    www.aol.com/finance/retirement-savings-pay-off...

    A 401(k) loan allows you to borrow against your retirement savings and pay yourself back over time with interest, without incurring taxes and penalties as long as it’s repaid according to the ...

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