Looking For secure retirement? A 457 plan could be the best tool for creating a secure retirement, U

A 457 plan is a kind of defined contribution retirement plan available to state and local public employees in the United States, but can also be offered by certain nonprofit organizations. They work much the same way as 401(k) plans: you can opt to divert part of your salary into the plan, and the money is automatically deducted from your paycheck before taxes are taken out. A 457 can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 457 are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 457 account which can range from 0% to 100% of your contributions. The combined result is a retirement savings plan you cannot afford to pass up. The Retirement Plan Company is pleased to present 457 Retirement planning calculator for your convenience.