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

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

    The movement of funds from a 457(b) plan to an IRA, typically tax-free if completed within 60 days, is actually shifting money from one tax-advantaged account to another.However, any distributions ...

  4. Early withdrawal rules for retirement plans may be too ... - AOL

    www.aol.com/finance/early-withdrawal-rules...

    Recent legislation could also impact IRA withdrawals. The CARES Act enacted at the start of the pandemic in 2020 let workers take up to $100,000 out of their retirement accounts without the 10% ...

  5. 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.

  6. Oklahoma Public Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Oklahoma_Public_Employees...

    The SIP is qualified under Section 401(a) of the Internal Revenue Code and supplements employees’ retirement benefits by contributing to a plan on their behalf. Currently, the state of Oklahoma contributes the equivalent of $25 a month to the SIP plan if the state employee is contributing at least $25 a month to the DCP plan. [4]

  7. CARES Act - Wikipedia

    en.wikipedia.org/wiki/CARES_Act

    The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.

  8. COVID Relief: Penalty-Free 401(k) & IRA Withdrawals - AOL

    www.aol.com/covid-relief-penalty-free-401...

    As part of the CARES Act, which was passed in 2020, there is a provision temporarily amending the rules for taking early distributions from retirement savings plans, including 401(k) plans and ...

  9. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    Federal Employees Retirement System. The Federal Employees' Retirement System ( FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2]

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