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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. Retirement plans in the United States - Wikipedia

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

    Retirement plans in the United States. Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net ...

  4. Companies are beefing up so-called ‘nonqualified’ retirement ...

    www.aol.com/finance/companies-beefing-called...

    WTW’s findings are based on a survey of 396 U.S. employers that offer a nonqualified retirement plan. The respondents employ 7.5 million workers. The majority of companies are for-profit and ...

  5. Nonqualified deferred compensation - Wikipedia

    en.wikipedia.org/wiki/Nonqualified_deferred...

    Unfunded deferred compensation plans offer very flexible benefit structures compared to qualified retirement plans, even after the enactment of new Internal Revenue Code IRC §409A (discussed below). Account-based plans: Elective deferrals are credited to an account in the participant's name along with any company contributions (such as ...

  6. 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 ...

  7. What to Consider Before Getting a Nonqualified Deferred ... - AOL

    www.aol.com/consider-getting-nonqualified...

    A nonqualified deferred compensation (NQDC) plan is an arrangement that an employer and employee agree to where the employer accepts to pay the employee sometime in the future.

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