What is a difference between a 457 plan and a 401(k) plan?

In Personal Finance - Retirement Planning - Asked by Admin - 11 months ago

The key difference is unlike a 401(k) plan, there is no 10 percent penalty for withdrawal before the age of 59.5 (although the withdrawal is subject to ordinary income taxation).

Answered by Admin - 11 months ago

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What is a difference between a 457 plan and a 401(k) plan?

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