What is a 457 Deferred Compensation Plan?
Jan 07, 2020
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By Glenn J. Downing, MBA, CFP®
This retirement savings vehicle gets its name from Section 457 of the tax code. It is a type of non-qualified deferred compensation. The employee defers money into the 457 account on a pre-tax basis. Any growth in the account doesn’t get taxed until it is ultimately w...
You Knew All Year the Holidays Were Coming!
Jan 06, 2020
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by Glenn J. Downing, MBA, CFP®
I came to financial planning as a profession in my 40’s, having made a mid-life transition from retail management. I worked in both department stores and specialty retail and generally enjoyed the work. I always enjoyed Christmas in the stores – the music, the new fr...