A “Miner” Change to the Government 457(b) May Make a Major Difference To Teachers
The Teacher's Advocate
JANUARY 15, 2020
Both plans have similar contribution limits and the ability to contribute on a pre-tax and Roth basis. This access to money difference is what is changing and it’s due to a struggling coal miner pension fund. The United Mine Workers of America health and pension funds, like more than 1,400 similar one-industry plans, were underfunded.
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