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Well I'm back after doing a lot of research about 457 deferred comp plans. Bottom line: I wish I didn't have one, I think. Since my question was originally whether to continue to plunk down my $200/month into VALIC (not matched by my employer by the way) or take that money and invest in an index fund or directly into the stock market, I looked at Step 4 and tried to calculate that comparison. Then I realized that I had no idea how to figure out the rate of return on my fund allocation at VALIC, since they are subaccounts, not the real thing (that does make a difference doesn't it?). At any rate, even though I did select some ostensibly decent funds, I haven't made anything. Most of what is in my account is principal. Given the state of things in the market these days, how do I even make a valid comparison??
Granted I have only been contributing for 1 1/2 yrs but with only 10 years until retirement (hah!) I need to be somewhat aggressive. I do have some other sources for retirement income, a pension and a recent inheritance looking for a place to land, but I really need to make a decision about this deferred comp money.
Would I be better to put it into an IRA at this point? The yearly contribution would almost be the same...Any assistance would be greatly appreciated.

Thanks in advance, JoAnne
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