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Tag: Solo 401k

Retirement Money Jar

457b, Thrift Savings (TSP), Solo 401k Retirement Plan

The 457(b) retirement plan is funded by the employer and it is also a tax-deferred retirement plan. The name “457(b)” originates from the section that governs these plans in the Internal Revenue Code. It can also be called the “457 plan.” Returns are being deducted from the paychecks of the 457(b) retirement plan subscribers to be set aside in an…