Investments are funded through payroll deductions and go into investment options chosen by the sponsoring employer.

457 Plan investments work similarly to 401(k) or 403(b) investments: you are limited to a selection of Mutual Funds and other investment instruments, and it’s up to you to decide how to allocate the money, at least if you work for a government entity.

Plans at non-profits may have to remain under the control and subject to the creditors of the business. Some such plans allow participants to direct the investments for a portion of their account, but sometimes they do not.

Asset allocation can be a tricky business, and we’re talking about your precious retirement money, so read on for more information about how to effectively invest your money.