In the context of investing for retirement, which of the following statements is true of 457 plans?
A) They offer 50 percent tax deduction on a person's income.
B) They are offered to employees of private-sector businesses.
C) They allow an employee to enjoy tax-free earnings.
D) They are primarily for state and local government employees.

Question

Quizplus · Accepted Answer

457 plans are primarily offered to state and local government employees, as well as some non-profit organizations.

In the Context of Investing for Retirement, Which of the Following