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2. Roth vs Traditional 401(k)/457(b) when expecting pension ...

   www.aol.com/roth-vs-traditional-401-k-164438552.html

   Age, retirement plan options, taxes, and required minimum distributions (RMD) have all made the calculations much more difficult. ... they have about $700,000 saved across their 401(k) and 457(b ...

3. 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 ...

4. Which Is Better: a 457 or a 401(k)? - AOL

   www.aol.com/news/2013-10-05-ask-a-fool-which-is...

   If you had a choice for a 457 or a 401(k) or both. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in ...

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. Deferred compensation - Wikipedia

   en.wikipedia.org/wiki/Deferred_compensation

   So if a company puts $1,000,000 into a 401(k) plan for employees, it writes off $1,000,000 that year. Assets in plans that fall under ERISA (for example, a 401(k) plan) must be put in a trust for the sole benefit of its employees. If a company goes bankrupt, creditors are not allowed to get assets inside the company's ERISA plan.

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.