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Subject:  Re: A plan to consider!! Date:  7/30/1998  10:49 PM
Author:  TMFPixy Number:  4777 of 96917


Not neant to be critical, but how do you know that this is not a defined benefit plan?

Because a defined benefit plan is one qualified under IRS rules for certain tax benefits, and a 457 plan is not. Also, a 401k is a defined contribution plan. A 457 plan is a nonqualified plan. By definition it can't be a defined benefit plan.

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