Pros and cons of 457(b) plans: What physicians need to know

There’s not a perfect financial planning vehicle in existence. Salary deferral plans, like many retirement plans and 457 plans, carry pros and cons. Many hospital systems have a combination of 401(k), 403(b), and 457 plans. The 401(k) is often designed for the employees who make under a certain amount, say less than $150,000 or so. […]

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Original Article Posted at : https://www.kevinmd.com/blog/2020/12/pros-and-cons-of-457b-plans-what-physicians-need-to-know.html