Archive for September, 2007

What is the difference betwen 401 and 457 retirement plan for a government employee?

Saturday, September 15th, 2007

Del asked: I am a local government employee. Speaking from my memory 401 is pretty identical to 401 offered in private sector. You are immediately eligible for it.
I want to make sure I am understanding 457 right. I think you become eligible for 457 only after one year of service and [...]