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Greetings, LtngStrike, and welcome. You wrote:

<<I am looking for info on 401(a) plans. My employer is going to be offering a new 401(a) plan along with our existing 457 plan and I would like to find some information and guidelines on this new plan before we meet with the plan administrator. Can anyone direct me to a site where I can download or just read the rules on a 401(a)? I have to start thinking on how I want to allocate my funds with this new option available. >>

A 401a plan can be a defined benefit or a defined contribution plan. It's simply the provision of the tax code that allows an employer to make a tax deductible contribution to a plan on the employee's behalf. There are all kinds of combinations of plans that fall under the 401a umbrella. These include 401k, profit sharing, and money purchase plans. Thus, there's no single source of reading we can point you to without knowing the specifics of what you will be offered. However, for an overview of the most common types of plans, see my Foolish Retirement Plan Primer at That will give you some working knowledge of what the plan administrator will be discussing.

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