Related Services - The following company listings on the Debt Consolidation Loan Directory are offered to assist you with handling your credit card bills and other monthly payments. Also, in addition shop for other financial services ranging from credit card offers to home and car insurance.
- Debt Consolidation Services - Learn more on how consolidating your credit card debts can work for you and potential pitfalls that you need to avoid. Also, review a list services that offer to help people lower their bills into fewer payments or even one payment.
- Debt Consolidation Settlement - High credit card balances making your monthly payments impossible to meet? The negotiation of your outstanding bills with your creditors may be a good debt solution for you. Educate yourself on your options and compare available programs.
457 Plan definition
Define 457 plans: A 457 plan is similar to a 401(k) [ 401k definition ] plan in broad detail, except that it is available for governmental and certain other employees including, in limited circumstances, independent contractors. In general, a 457 plan is an employer-sponsored, defined contribution, retirement plan. It is named after the section of the IRS code which defines the plan. The savings plan allows workers to save for retirement by making tax-deferred contributions. Usually, the contributions are withheld from the paycheck, and usually they are matched in part or in whole by the employer. Usually, employer matching funds are subject so some period of vesting.
In general, taxes are paid on a 457 plan as funds are withdrawn at or after retirement. Funds may be withdrawn prior to retirement, but when this is done the disbursement usually is subject to substantive penalties and full taxation.
Debt Consolidation Glossary
Previous: 403(b) / 403b