State government 457 plans use an average of nine investment providers, while local government 457 plans have an average of seven providers, according to a new NAGDCA survey. The National Association of Government Defined Contribution Administrators also found that the most popular investment option offered by state 457 plans is stable value funds, with 86% including them in their menu of investment options. Mutual funds are the most popular among local government plans, offered by 77% of those surveyed.
State government 457 plans use an average of nine investment...
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