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www.thebalance.com/what-is-a-457-b-plan-2894165

A 457 plan or 457(b) plan is an employer-sponsored, tax-favored retirement savings account. This type of plan is offered to state and local government employees, including police officers, firefighters, and other civil servants. Some high-paid (or "top hat") executives at certain nonprofits like hospitals, charities, and unions also get access to 457(b) plans.

money.cnn.com/2000/03/23/pensions/q_retire_457

You may only roll over 457 money into another 457, not into an IRA, a 401(k) or a 403(b), ... One of the advantages a 457 has over a 401(k) plan, however, is its catch-up provision. If you failed ...

blog.paladinregistry.com/retirement/need-know-457b-plans...

There are also some possible disadvantages with 457(b) plans though: Sometimes there is a lack of quality 457(b) choices for you to invest in (either too expensive, not enough investment options, etc.) You lose the benefit of no 10% penalty on early withdrawals if you roll your pre-tax 457(b) plan into a traditional IRA

www.reddit.com/r/financialindependence/comments/7hphat/...

Non-governmental 457(b) Plans are also limited in that only a select group of management / highly compensated employees are allowed to participate. That is why the funds are not protected, because it is a "top hat" plan -- the government doesn't care to protect the management / highly paid, similar to a nonqualified deferred compensation plan.

money.com/money/4392778/the-one-big-advantage-of-a-457-retirement...

Even so, because you are retiring at such a young age, there is something to be said for keeping that money in the 457(b) for a few more years. “Once it’s out of the 457(b) there is no going back,” says Hans Scheil, a certified financial planner and president of Cardinal Retirement planning in North Carolina.

pocketsense.com/403b-457-plan-7737413.html

However, these advantages are countered by certain disadvantages: You cannot roll 457 plan assets into an IRA and the plans provide little protection against the claims of creditors. Certain kinds of 457 plans, called 457f plans, involve a substantial risk of forfeiture. If the entity holding your assets goes bankrupt, you could lose all your ...

www.sapling.com/7405387/cash-out-457b-plan

A 457(b) plan is a tax-advantaged retirement plan restricted to state and local public governments and qualifying tax-exempt institutions. As with a 401(k) plan, you can get a tax deduction on money you contribute to a 457(b) plan, and your earnings grow on a tax-deferred basis.

www.sapling.com/7430092/advantages-disadvantages-403b

Advantages and Disadvantages of a 403(b) By: Jason Van Steenwyk . Share; ... Advantages. The saver gets the benefit of tax leverage, thanks to the tax-deferral of contributions to the 403(b) plan. The total amount saved and compounding is greater than it would be if the contribution amount were taxed. The 403(b) plan also has the advantage of ...

www.igrad.com/articles/pros-cons-457-plan

Helping college students and graduates succeed with custom financial literacy programs for colleges and resources for financial aid questions, careers, personal finance

www.investopedia.com/articles/personal-finance/111615/457...

One of the best benefits of the 457(b) is that it allows you to put double the amount toward your retirement plan. If you’re within three years of normal retirement age (according to your plan ...