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What is a 457(b)?
What is a 457(b)? Is it like 403(b)? Some public sector employees (civil servants, municipal employees, law enforcement offices, and public safety personnel) and some non-profit organizations may have access to 457(b). Although the 457(b) and the 403(b) retirement plans share some features such as tax-advantage there are important differences between these plans. In Miranda Marquit’s article appearing on www.mtstandard.com, she explains what is a 457(b) and the similarity and the differences to a 403(b) retirement plan. Read Ms. Marquit’s article here…