401k or 457 Deferred Compensation?

Zero2Cool
Elite Member Topic Starter

12 years ago

My last job I had a 401k, but if I get the job I'm interviewing Tuesday for, they have some 457 Deferred Compensation plan. What the heck is the difference?

This is the best I could find comparing the two, link .

Which is better?

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rabidgopher04
Member

12 years ago

Appears to be a 401(k) equivalent for government employees. I work for a non-profit and it's a 403(b) plan instead of a 401(k), but it's basically the same thing.

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dhazer
Veteran Member

12 years ago

Originally Posted by: Zero2Cool

I am being told the best thing is the roth's so instead of rolling over your 401 put it in an IRA Roth

Just Imagine this for the next 6-9 years. What a ride it will be 🙂 (PS, Zero should charge for this)

zombieslayer
Registered

12 years ago

I am being told the best thing is the roth's so instead of rolling over your 401 put it in an IRA Roth

Originally Posted by: dhazer

Yes. Depends on one's age, but since Zero is quite young, Roth IRA is the way to go. Gives you WAY more freedom than a 401k.

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Fan Shout

Zero2Cool (2h) : We'd have same Division and Conference records. Strength of schedule we edge them

Zero2Cool (2h) : I just checked. What tie breaker?

bboystyle (2h) : yes its possible but unlikely. If we do get the 5th, we face the NFCS winner

Zero2Cool (2h) : Ahh, ok.

bboystyle (2h) : yes due to tie breaker

Zero2Cool (2h) : I mean, unlikely, yes, but mathematically, 5th is possible by what I'm reading.

Zero2Cool (2h) : If Vikings lose out, Packers win out, Packers get 5th, right?

bboystyle (2h) : Minny isnt going to lose out so 5th seed is out of the equation. We are playing for the 6th or 7th seed which makes no difference

Mucky Tundra (3h) : beast, the ad revenue goes to the broadcast company but they gotta pay to air the game on their channel/network

beast (3h) : If we win tonight the game is still relative in terms of 5th, 6th or 7th seed... win and it's 5th or 6th, lose and it's 6th or 7th

beast (3h) : Mucky, I thought the ad revenue went to the broadcasting companies or the NFL, at least not directly

Zero2Cool (3h) : I think the revenue share is moot, isn't it? That's the CBA an Salary Cap handling that.

bboystyle (4h) : i mean game becomes irrelevant if we win tonight. Just a game where we are trying to play spoilers to Vikings chance at the #1 seed

Mucky Tundra (4h) : beast, I would guess ad revenue from more eyes watching tv

Zero2Cool (4h) : I would think it would hurt the home team because people would have to cancel last minute maybe? i dunno

beast (4h) : I agree that it's BS for fans planning on going to the game. But how does it bring in more money? I'm guessing indirectly?

packerfanoutwest (4h) : bs on flexing the game....they do it for the $$league$$, not the hometown fans

Zero2Cool (5h) : I see what you did there Mucky

Zero2Cool (5h) : dammit. 3:25pm

Zero2Cool (5h) : Packers Vikings flexed to 3:35pm

Mucky Tundra (5h) : Upon receiving the news about Luke Musgrave, I immediately fell to the ground

Mucky Tundra (5h) : Yeah baby!

Zero2Cool (6h) : LUKE MUSGRAVE PLAYING TONIGHT~!~~~~WOWHOAAOHAOAA yah

Zero2Cool (7h) : I wanna kill new QB's ... blitz the crap out of them.

beast (7h) : Barry seemed to get too conservative against new QBs, Hafley doesn't have that issue

Zero2Cool (8h) : However, we seem to struggle vs new QB's

Zero2Cool (8h) : Should be moot point, cuz Packers should win tonight.

packerfanoutwest (8h) : ok I stand corrected

Zero2Cool (8h) : Ok, yes, you are right. I see that now how they get 7th

Zero2Cool (8h) : 5th - Packers win out, Vikings lose out. Maybe?

beast (8h) : Saying no to the 6th lock.

beast (8h) : No, with the Commanders beating the Eagles, Packers could have a good chance of 6th or 7th unless the win out

Zero2Cool (8h) : I think if Packers win, they are locked 6th with chance for 5th.

beast (8h) : But it doesn't matter, as the Packers win surely win one of their remaining games

beast (8h) : This is not complex, just someone doesn't want to believe reality

beast (8h) : We already have told you... if Packers lose all their games (they won't, but if they did), and Buccaneers and Falcons win all theirs

Zero2Cool (8h) : I posted it in that Packers and 1 seed thread

Zero2Cool (8h) : I literally just said it.

packerfanoutwest (8h) : show us a scenario where Pack don't get in? bet you can't

Zero2Cool (8h) : Falcons, Buccaneers would need to win final two games.

Zero2Cool (8h) : Yes, if they win one of three, they are lock. If they lose out, they can be eliminated.

packerfanoutwest (8h) : as I just said,,gtheyh are in no matter what

Zero2Cool (9h) : Packers should get in. I just hope it's not 7th seed. Feels dirty.

packerfanoutwest (9h) : If packers lose out, no matter what, they are in

packerfanoutwest (9h) : both teams can not male the playoffs....falcon hold the tie breaker

packerfanoutwest (9h) : if bucs win out they win their division

beast (9h) : Fine, Buccaneers and Falcons can get ahead of us

packerfanoutwest (9h) : falcons are already ahead of us

beast (9h) : Packers will get in

beast (9h) : If Packers lose the rest of their games and Falcons win the rest of theirs, they could pass us... but not gonna happen

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