Welcome to your Green Bay Packers Online Community!

Since 2006, PackersHome has been providing a unique experience for fans.
Your participation is greatly anticipated!
Login or Register.
Options
View
Go to last post Go to first unread
Offline Zero2Cool  
#1 Posted : Saturday, November 3, 2012 5:29:22 PM(UTC)
Zero2Cool

Rank: Legend

Yahoo! Fantasy Football - Gold: 2009FleaFlicker Fantasy Football - Silver: 2010Yahoo! NCAA March Madness - Silver: 2011ESPN NCAA March Madness - Bronze: 2010Yahoo! NCAA March Madness - Bronze: 2013

United States
Posts: 25,655
Joined: 10/13/2006(UTC)
Location: Green Bay, WI

Applause Given: 1,842
Applause Received: 1,994

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?

UserPostedImage
Click here and find the LATEST Packers News!
Sponsor
Offline rabidgopher04  
#2 Posted : Saturday, November 3, 2012 7:35:12 PM(UTC)
rabidgopher04

Rank: 4th Round Draft Pick

Posts: 955
Joined: 8/7/2008(UTC)

Applause Given: 109
Applause Received: 126

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.
Do you like bacon?
thanks Post received 1 applause.
Zero2Cool on 11/3/2012(UTC)
Offline dhazer  
#3 Posted : Sunday, November 4, 2012 7:44:13 AM(UTC)
dhazer

Rank: Pro Bowl

FleaFlicker Fantasy Football - Silver: 2013Yahoo! Fantasy Football - Bronze: 2009PackersHome NFL Pick'em - Bronze: 2013

Posts: 3,897
Joined: 9/14/2008(UTC)

Applause Given: 45
Applause Received: 190

Originally Posted by: Zero2Cool Go to Quoted Post
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?



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

UserPostedImage

Just Imagine this for the next 6-9 years. What a ride it will be :)
Offline zombieslayer  
#4 Posted : Sunday, November 4, 2012 2:54:36 PM(UTC)
zombieslayer

Rank: Most Valuable Player

Posts: 9,919
Joined: 8/7/2008(UTC)
Location: San Francisco

Applause Given: 778
Applause Received: 495

Originally Posted by: dhazer Go to Quoted Post
I am being told the best thing is the roth's so instead of rolling over your 401 put it in an IRA Roth



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.
My man Donald Driver
UserPostedImage

(thanks to Pack93z for the pic)

2010 will be seen as the beginning of the new Packers dynasty. Ted Thompson Mike McCarthy Aaron Rodgers
Rss Feed 
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Notification

Icon
Error

Recent Topics
1h / Green Bay Packers Talk / uffda udfa

1h / Green Bay Packers Talk / Zero2Cool

2h / Green Bay Packers Talk / nerdmann

2h / Green Bay Packers Talk / Dexter_Sinister

4h / Announcements / Zero2Cool

6h / Green Bay Packers Talk / 68md

6h / Green Bay Packers Talk / warhawk

9h / Green Bay Packers Talk / nerdmann

10h / Random Babble / Mucky Tundra

11h / Green Bay Packers Talk / QCHuskerFan

11h / Green Bay Packers Talk / Zero2Cool

12h / Green Bay Packers Talk / StarrMax1

23h / Green Bay Packers Talk / CaliforniaCheez

23h / Green Bay Packers Talk / DakotaT

28-Jul / Green Bay Packers Talk / DarkaneRules


Tweeter

Copyright © 2006-2014 PackersHome.com™. All Rights Reserved.