457 deferred compensation for dummies
457 deferred compensation for dummies Would anyone be kind enough to explain, to a dummy (me), what exactly a 457 deferred compensation plan is? I have one through my government job. I’ve had it for over two years and I haven’t touched it or done anything with it (am I supposed to?). My contribution is small, as I only make 50-60k annually. Am I supposed to be investing in things? I...