457 Deferred Compensation Plan Explained / Firefighter, Police Officer, Teachers, or Government
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YouTubeEasy Money with Don Anders
457 Deferred Compensation Plan Explained / Firefighter, Police Officer, Teachers, or Government
We explain the 457(b) Deferred Compensation Plan. If you are a state employee or government employee you probably have access to a 457 Deferred Comp plan. How does a 457 b plan work? What's the difference between a 457 and 401k? When can you take money out of your 457 plan? 457 deferred compensation plans are available to Police officers, Fire ...
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Many overlook how 403b and 457 retirement plans work together. These accounts can maximize retirement savings when used correctly. For 2024, the contribution limit is $22,500. Maximize your retirement knowledge. Have you started planning? #403b #457plan #RetirementSavings #FinancialPlanning #TaxDeferred #RetirementFund | XTRM Finance
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