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Author: ramblingfoo Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75835  
Subject: 457 Plan Date: 9/22/2008 12:55 PM
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Hello, first time using boards, although been "lurking" many years. I have $200,000+ in a 457 deferred comp plan. I have been checking on safety of our Credit Union, Life Insurance ,etc. recently , but cannot seem to find exactly how 457 plans held by Nationwide Retirement Solutions are protected. I did ask them for an update on their ratings, etc. which they have not sent as of yet, which does not help at this time. I have gone thru market hiccups, 1987, tech bubble, etc, so understand some of the ups and downs of the market. However, having retired 2 years ago, it makes one a little more nervous at this time. Does anyone know where I would go to find how the 457 plans come in to play, like FDIC does for banks or such ???? I have been in this plan since early 1980's, never any problems.Thanks for any assistance.
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