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401K vs. 457 and forgetting Social Security

What does the mumbo-jumbo mean?


Posted: Tuesday, May 20, 2008
Updated: July 8th, 2008 05:27 PM EDT

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JONATHAN BASTIAN
Financial Advice Contributor


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Jonathan Bastian is a police officer in Lexington, Kentucky. He is a noted author on thermal imaging technology, but has a passion for personal finance and helping people spend money wisely. He has a bachelor's degree in business economics and international relations (commerce emphasis), and paid for several Spring Break trips by "buying low and selling high." He is still a cop by trade, so his suggestions and comments are not intended as formal tax, financial or accounting advice. Consult paid professionals if you need formal guidance.

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Comments

Posted by Sergeant Glen Welter in Huntsville Texas
(10/03/08 - 07:23 PM)
457
In Texas you can take a loan out on your 457



Posted by scott in Norman, Ok
(12/11/08 - 10:57 PM)
I'm not a Police Officer, but ran across your article on a google search regarding the difference between the two. Great description and it gives me more info to look up! Thanks for the time you took to write it.








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