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	<title>New answer on: What Is Retirement Plan 457?</title>

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		<title>By: Steve Savant</title>

		<link>https://www.insurancelibrary.com/retirement-plans/what-is-retirement-plan-457</link>

		<dc:creator>Steve Savant</dc:creator>

		<pubDate>Thu, 12 Sep 2013 22:09:39 +0000</pubDate>

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		<description><![CDATA[A 457 plan is a deferred compensation, non-qualified tax deferred-compensation retirement plan. 457(b) plans are used by state and local governments and 501(c) organizations. 457 plans has similarities to defined contribution plans like 401(k)s, but no 10% penalty for withdrawals before age 59½. 457 plans are predicted on deferring income.]]></description>

		

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