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

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

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

3. 403(b) Accounts Explained: What They Are and How They Differ ...

   www.aol.com/finance/403-b-accounts-explained...

   403(b) Plan. 401(k) Plan. Eligibility. Work for a nonprofit or government entity. Work for any private employer. Contribution Limits. $22,500 per year in 2023, plus an additional $3,000 per year ...

4. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   4. Your risk tolerance. Your comfort level with investment risk is a critical factor in deciding between a lump sum and an annuity. A lump sum exposes you to a lot of risk. Invest the money too ...

5. 457 plan - Wikipedia

   en.wikipedia.org/wiki/457_plan

   This allows a person whose employer has a 401(k) or 403(b) and a 457 to defer the maximum contribution amounts to both plans instead of coordinating the total and only being able to meet a single limit amount. Thus, participants can contribute the maximum $19,500 for 2021 into their 401(k) and also the maximum $19,500 into their 457 plan.

6. Retirement plans in the United States - Wikipedia

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

   401(k) 403(b) - Similar to the 401(k), but for educational, religious, public healthcare, or non-profit workers; 401(a) and 457 plans - For employees of state and local governments and certain tax-exempt entities; Roth IRA - Similar to the IRA, but funded with after-tax dollars, with distributions being tax-free

7. Pensions in the United States - Wikipedia

   en.wikipedia.org/wiki/Pensions_in_the_United_States

   This contrasts with a Defined Contribution Plan which creates a trust based on the amount invested by an employee during their working years. IRA, 401k plans, 403b, and 457 plans are prominent examples of the latter [19] [better source needed] and are not generally considered pensions in common parlance.