A 457(b) plan, also known as deferred compensation, is a retirement and savings program for state governments, local governments and certain tax-exempt organizations that allows employees to defer a portion of their sala... More »

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Withdrawals can be made early from a 457(b) plan before being paid out in full in retirement under a few certain conditions, according to CNN Money. However, taxes are owed on any withdrawals. More »

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The 457(b) plan is a type of retirement plan that is only available to state or federal employees or employees of tax-exempt organizations, as of 2015, according to the Internal Revenue Service (IRS). It works in much th... More »

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There is no such thing as a 401(b) plan, but according to the official website of the Internal Revenue Service, a 403(b) plan is a retirement plan similar to a 401(k) plan that allows employees to contribute a portion of... More »

A Roth 403(b) plan is a retirement plan for certain employees of tax-exempt organizations, public schools and certain ministers that operate as a Roth plan, according to Investopedia. Individuals can contribute salary de... More »

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A 457 retirement plan is a retirement savings account offered to government employees and some employees of nonprofit organizations, states CNN Money. Advantages over other retirement plans include no penalties for early... More »

www.reference.com Business & Finance Financial Planning

A section 457(b) retirement plan is a deferred compensation option available to some local and state governments and non-governmental organizations that are tax-exempt through section 501(c) of the Internal Revenue Code,... More »

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