Eggnog Fudge

1 stick butter
3/4 c. eggnog
2 c. sugar
10 oz. pkg white chocolate chips
1/2 t. nutmeg
7 oz. jar marshmallow creme
1 c. chopped pecans, optional
1 t. rum extract
red and green candied cherries,halved

Spray large saucepan. This will make clean up easier. Place butter, eggnog, and sugar in saucepan. Bring to a full rolling boil over medium high heat. Stir constantly. Reduce heat to medium, and continue to boil, stirring frequently 8-10 minutes, or until reaches 234 degrees (soft ball stage). Do not scorch! Remove from heat, add chips and nutmeg. Stir until smooth. Add marshmallow creme, pecans, and extract. Mix well. Pour into 8x8 or 9x9 pan lined with buttered foil. Place halved cherries on top. Cool completely. Cut into squares. Store in air tight container.