Topic: What is a 457(b) Plan & How Does it Work?

Full Blog Post:

While you may be familiar with other classic retirement saving tools like a 401(k), Roth IRA, or 403(b) plan, many doctors have access to another vehicle that, when used wisely, can really boost retirement savings while also improving cash flow in retirement. This remarkable option is known as a 457(b) plan.

Now, what exactly is a 457(b) plan, how does it work, and when does it make sense for you?

Let’s find out.

Table of Contents
What Is a 457(b) Plan? 0:57
The Difference Between Government & Non-governmental 457(b) Plans? 2:15
Why Should You Invest In a 457(b) Plan? 3:23
How To Coordinate Your 457(b) Plan With Other Savings Vehicles 4:26
Retirement Savings Should Always Be a Priority 6:18

Music from Intro Video: Sunburst by Tobu & Itro –

Disclosures: This information is for general purposes only. This information is not intended to be a substitute for specific professional financial or tax advice, as individual circumstances vary. Please see a financial professional, CPA, and/or an attorney in regards to your own individual situation….(read more)

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