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457 plan

• A type of retirement savings plan, used mainly by governmental employers. Also known as an eligible deferred compensation plan.

 
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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Always do right; this will gratify some people and astonish the rest. - Mark Twain (1835-1910)

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