What is a section 457 retirement plan?

Answer People employed with a local or state government can participate in Section 457b retirement plans in addition to employees of tax-exempt organizations. Both employees and employers can contribute t... Read More »

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What Is a TDA Retirement Plan?

A TDA, or tax deferred annuity, is a tax-favored retirement plan that allows an employee of a nonprofit organization to contribute money pre-tax toward retirement. Over 156 million people had a TDA... Read More »

What is an 801 (k) retirement plan?

My understanding is that you are correctly referring to a little known investment vehicle called an 801(K). It involves companies who pay back very solid dividends to investors of the fund and that... Read More »

What is a 403(b) retirement plan?

A 403(b) is a retirement plan that is sponsored by your employer and allows you to make regular contributions toward your retirement savings.EligibilityTypically, you are eligible for a 403(b) if y... Read More »

What is a section 529 plan?

A Section 529 plan is a way for parents to save for their child's college education with some portion of the savings being tax free. Section 529 is the provision in the IRS code that details the ta... Read More »