Roth vs Traditional 457(b) Plans: What Firefighters Need to Know
In 1789, Benjamin Franklin wrote a letter to a French physicist regarding the permanency of the newly minted U.S. Constitution but lamented that only two things in life are certain – death and taxes. That statement rings as true today as it did in 1789, perhaps even more so. The U.S. Government now collects taxes […]
Understanding the Benefits of a 457(b) Plan for Firefighters
As a firefighter, securing the retirement you deserve involves exploring every available option. If your state or local government offers a 457(b) Deferred Compensation plan, consider yourself lucky. This plan provides an excellent opportunity to potentially increase your retirement savings, a benefit not all firefighters have access to. The 457(b) Deferred Compensation Plan The 457(b) […]