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Parade Of The States

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Guest Sierra

Alabama: No-load in this state's 457(b) means 100 cents on the dollar is invested. Local governments may opt in.

 

Alaska: No-load; local governments cannot opt in.

 

California : No-load and local governments may opt in.

 

Connecticut: No-load and local governments cannot opt in.

 

Illinois: No-load and local governments cannot opt in.

 

Maine: High cost and local governments cannot opt in.

 

Minnesota: State's Plan is offered to local governments and offers only no-load funds.

 

Missouri: No-load and local governments cannot opt in.

 

New York: No-load and local governments may opt in.

 

New Jersey: High cost and local governments cannot opt in.

 

North Carolina: No-load and local governments cannot opt in.

 

Oklahoma: No-load and local governments cannot opt in.

 

Pennsylvania: No-load and local governments cannot opt in.

 

Tennesee: No-load and local governments cannot opt in.

 

Vermont: No-load and local governments may opt in.

 

Virginia: No-load and local governments may opt in.

 

West Virginia: No-load and local governments may opt in.

 

 

To all:

 

Please give me a hand with this important research project---Guru, I assign to you FL., R.I; GA; S.C. Intruder, your assigment is: OR; WA State, Wyoming, DE, and Idaho.

 

Thanks,

Joel

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Alabama: State's Plan is made available to local governments. No costs to the participant. 100 cents on the dollar is invested in a bond index fund or a stock index fund or a combination of the two.

 

New York: State's plan is made available to local governments. Plan offers only no-load funds.

 

New Jersey: State's Plan is not offered to local governments. State's plan is high cost via PrudentialFinancial.

 

Minnesota: State's Plan is offered to local governments and offers only no-load funds.

 

CA: State's Plan is offered to local governments and offers only no-load funds.

 

CT: State's Plan is not offered to local governments. It offers only no-load funds.

 

To all: Please give me a hand with this important research project---intruder, let's see how many of the 44 states that remain you can assist me with, with all of your smarts you could probably find the information in no time at all.

 

Thanks,

Joel

 

 

 

 

Alabama: State's Plan is made available to local governments. No costs to the participant. 100 cents on the dollar is invested in a bond index fund or a stock index fund or a combination of the two.

 

New York: State's plan is made available to local governments. Plan offers only no-load funds.

 

New Jersey: State's Plan is not offered to local governments. State's plan is high cost via PrudentialFinancial.

 

Minnesota: State's Plan is offered to local governments and offers only no-load funds.

 

CA: State's Plan is offered to local governments and offers only no-load funds.

 

CT: State's Plan is not offered to local governments. It offers only no-load funds.

 

To all: Please give me a hand with this important research project---intruder, let's see how many of the 44 states that remain you can assist me with, with all of your smarts you could probably find the information in no time at all.

 

Thanks,

Joel

 

 

 

Joel:

 

All you have to do is google: (state) 457b deferred compensation plan and see what comes up. For someone with all the time you have with nothing else to do it should not take too long now that I showed you how to do it.

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Intruder,

 

Sierra is trying to build interest and awareness in 457 plans. While that may not comport with your own pecuniary interests, please allow him the courtesy of continuing to do so.

 

In that spirit, here is the situation in Nevada:

 

"All current State of Nevada employees are eligible to immediately participate in the Plan. Public employees of other political subdivisions that have obtained a written agreement to participate in the State’s Plan are also eligible to participate."

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Guest Sierra

 

 

"All current State of Nevada employees are eligible to immediately participate in the Plan. Public employees of other political subdivisions that have obtained a written agreement to participate in the State’s Plan are also eligible to participate."

 

 

 

APT: is the nevada plan no-load?

 

Thanks,

Joel

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APT: is the nevada plan no-load?

 

Thanks,

Joel

 

 

Yes, the Nevada plan has some excellent no load index funds, e.g., Vanguard 500, mid cap, and small cap at institutional (I think) prices.

 

Here is another one for you, Joel: MI:

 

The language is complicated, but it LOOKS like political subdivisions can participate if the "Administrator" approves. Also, the plan has excellent no load index funds with fees ranging from .15-.40.

 

Again, I am amazed at how far behind CA is in comparison to other states.

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Guest Sierra

Alabama: No-load in this state's 457(b) means 100 cents on the dollar is invested. Local governments may opt in.

 

Alaska: No-load; local governments cannot opt in.

 

California : No-load and local governments may opt in.

 

Connecticut: No-load and local governments cannot opt in.

 

Illinois: No-load and local governments cannot opt in.

 

Maine: High cost and local governments cannot opt in.

 

Michigan: No-load and local goverments may opt in.

 

Minnesota: State's Plan is offered to local governments and offers only no-load funds.

 

Missouri: No-load and local governments cannot opt in.

 

Nevada: No-load and local governments may opt in.

 

New York: No-load and local governments may opt in.

 

New Jersey: High cost and local governments cannot opt in.

 

North Carolina: No-load and local governments cannot opt in.

 

Oklahoma: No-load and local governments cannot opt in.

 

Pennsylvania: No-load and local governments cannot opt in.

 

Tennesee: No-load and local governments cannot opt in.

 

Vermont: No-load and local governments may opt in.

 

Virginia: No-load and local governments may opt in.

 

West Virginia: No-load and local governments may opt in.

 

 

To all:

 

Please give me a hand with this important research project---Guru, I assign to you FL., R.I; GA; S.C. Intruder, your assigment is: OR; WA State, Wyoming, DE, and Idaho.

 

Thanks,

Joel

 

 

 

Guru and Intruder: where are your additions?

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Here's another, Joel: SC:

 

- School districts may opt in.

- The plan offers no load index funds, including some excellent target retirement funds.

 

Very inexpensive: .15 admin. fee and some very low cost funds.

 

Also: MS:

- School districts may opt in.

- No loads are available, incl. Vanguard TR funds

 

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Guest Sierra

 

Alabama: No-load in this state's 457(b) means 100 cents on the dollar is invested. Local governments may opt in.

 

Alaska: No-load; local governments cannot opt in.

 

California : No-load and local governments may opt in.

 

Connecticut: No-load and local governments cannot opt in.

 

Illinois: No-load and local governments cannot opt in.

 

Maine: High cost and local governments cannot opt in.

 

Michigan: No-load and local goverments may opt in.

 

Minnesota: No-load and local governments may opt in.

 

Mississippi: No-load and local governments may opt in.

 

Missouri: No-load and local governments cannot opt in.

 

Nevada: No-load and local governments may opt in.

 

New York: No-load and local governments may opt in.

 

New Jersey: High cost and local governments cannot opt in.

 

North Carolina: No-load and local governments cannot opt in.

 

Oklahoma: No-load and local governments cannot opt in.

 

Pennsylvania: No-load and local governments cannot opt in.

 

Sout Carolina: No-load and local governments may opt in.

 

Tennesee: No-load and local governments cannot opt in.

 

Vermont: No-load and local governments may opt in.

 

Virginia: No-load and local governments may opt in.

 

West Virginia: No-load and local governments may opt in.

 

 

To all:

 

Please give me a hand with this important research project---Guru, I assign to you FL., R.I; GA; Intruder, your assigment is: OR; WA State, Wyoming, DE, and Idaho.

 

Thanks,

Joel

 

 

 

Guru and Intruder: where are your additions?

 

 

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21 states so far, and 11 allow local governments, such as school districts, to opt in.

 

Joel, you have really done a service to people to let them know that there may be a viable alternative to lousy 403b products. I have been quite surprised at how good some of these programs are. Many have extremely low costs and excellent investment options. Often times institutional shares are offered, where the fees are less than .10.

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I have just gotten off the phone with the Florida Bureau of Deferred Compensation....Drats..they only allow state of Florida employees to take part in their plan. No local or city agencies....Their plan looks awesome...I would have considered opting out of my plan but now that is not an option..if anyone has any different information on Florida please post.

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Guest Sierra

Alabama: No-load in this state's 457(b) means 100 cents on the dollar is invested. Local governments may opt in.

 

Alaska: No-load; local governments cannot opt in.

 

California : No-load and local governments may opt in.

 

Connecticut: No-load and local governments cannot opt in.

 

Florida: No-load and local governments cannot opt in.

 

Illinois: No-load and local governments cannot opt in.

 

Maine: High cost and local governments cannot opt in.

 

Michigan: No-load and local goverments may opt in.

 

Minnesota: No-load and local governments may opt in.

 

Mississippi: No-load and local governments may opt in.

 

Missouri: No-load and local governments cannot opt in.

 

Nevada: No-load and local governments may opt in.

 

New York: No-load and local governments may opt in.

 

New Jersey: High cost and local governments cannot opt in.

 

North Carolina: No-load and local governments cannot opt in.

 

Oklahoma: No-load and local governments cannot opt in.

 

Pennsylvania: No-load and local governments cannot opt in.

 

Sout Carolina: No-load and local governments may opt in.

 

Tennesee: No-load and local governments cannot opt in.

 

Vermont: No-load and local governments may opt in.

 

Virginia: No-load and local governments may opt in.

 

West Virginia: No-load and local governments may opt in.

 

 

To all:

 

Please give me a hand with this important research project---Guru, I assign to you FL., R.I; GA; Intruder, your assigment is: OR; WA State, Wyoming, DE, and Idaho.

 

Thanks,

Joel

 

 

Guru and Intruder: where are your additions?

 

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