A 457 plan is atax-advantagedretirement savings plan for many state, local government, and some nonprofit organization employees. The 457(b) is the most common type. Like a401(k) planin the private sector, the
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A money purchase plan is an employer-sponsored retirement plan. The employer must deposit a percentage of a participating employee's salary in the account every year. The employee is permitted to contribute to the fund, as well, and they can choose how to invest the money based on options o...
IRAs are an essential aspect ofretirement planning, and it’s never too early to start saving. Knowing the pros and cons of having a silver IRA could help you formulate a plan that fits your needs. Silver IRA vs. Traditional IRA Since a silver IRA, and allprecious metal IRAsfor that mat...
How to Build an Investment Plan An investment plan is a road map for achieving your financial goals. Coryanne HicksMay 23, 2025 Create an Account Create a free account to save articles, sign up for newsletters and more. Continue or sign in with ...
This soft skill is theability to inspire, influence and guide others toward achieving common goals or objectives. However, being an effective leader in any organization will require a combination of many soft skills, such as: Decision-making. ...
Depending on your industry, you may be able to contribute to a similar retirement plan, like a 403(b) or 457(b), instead of a 401(k). Self-employed people can open a type of 401(k) on their own called a self-employed 401(k), and anyone who earns an income (or who is ...
Risks and Protections It is important to understand that money market funds are generally considered to be safe investments, but safe does not mean that they are risk-free. Therefore, understanding the pros and cons of any investment takes on a special importance with MMFs. Unlike money market ...
Once a home is under contract between the buyer and seller, a lender will typically require an appraisal during theunderwriting processto determine whether the agreed-upon sale price of the home reflects the market value of the property.
Section 529 plans have specific transferability rules governed by the federal tax code. The owner may transfer funds to another 529 plan once per year unless a beneficiary change is involved. You are not required to change plans to change beneficiaries. You may transfer the plan to another famil...