457 Plan - TrueNorth Retirement Services
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457 Plan

457 DEFINED CONTRIBUTION PLAN

Can function very similar to a traditional 401(k) plan.

A 457 plan is a type of defined contribution retirement plan available to state and local public organizations, but can also be offered by select nonprofit organizations.

What is a 457 Retirement Plan?

This form of retirement plan works very similar to a traditional 401(k) plan: allowing the employees options to divert part of your salary into the plan where money is automatically deducted from your paycheck before taxes are taken out.

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