Series 7 - General Securities Representative Exam
Preview Mode
Which of the following retirees is MOST likely to have contributed to a 457 Plan?
A Retired Railroad Worker
A
A Retired City Treasurer
B
A Retired Registered Representative
C
A Retired Software Engineer
D
Explanations
457 plans are non-qualified, tax-advantaged, deferred compensation retirement plans offered by state, local government and some nonprofit employers