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State-sponsored 457(b) Plans: How Do Public School Employees Decide?

Public school employees can contribute to a 403(b) plan, or to a 457(b) plan. Sounds great, but doing so can have negative ramifications. In this week’s MarketBeat, David Blask notes that these plans differ in several important ways and observes that the determination regarding which plan is best yields different answers depending upon an employee’s particular situation.