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Consolidate retirement savings and expand investment options with a 403(b) rollover to a 457(b) plan. Learn the process, ...
To retire comfortably, Americans currently participating in a workplace retirement plan (e.g. 401k, 403b, or 457 plan) say ...
457 plans, which are defined contribution (DC) plans, are much more than just a brother to the 401(k). These plans have very much their own designs, rules and implementation concerns. Recently, ...
However, 457 plans have the same high contribution limits in 2017, letting savers under age 50 put aside $18,000 and those 50 or older save $24,000 toward their retirement.
457(b) plans more flexible on withdrawal than 401(k)s. If you have left your employer, then you can normally take out money from your 457(b) without the 10% penalty that a 401(k) plan may incur ...
A 457 b plan is mainly for employees of state and local governments -- but not the federal government. (Federal workers can save through the Thrift Savings Plan.) ...
Learn about 457(b) payout penalties. Rolled-over funds or other plan types can trigger fees. Avoid the 10% early withdrawal penalty.
TSP plans and 457(b) plans tend to have lower fees than 401(k) plans — around 0.03% for TSPs compared to approximately ten times that amount for a typical 401(k).
In this episode of Ask The Hammer, a reader asks: I have a governmental 457(b) plan, a deferred compensation plan. And I understand that I can take distributions from this plan at any time without ...
A 457 plan is a kind of defined contribution retirement plan for state and local public employees. It can also be offered by certain nonprofit organizations.
457 plans, which are defined contribution (DC) plans, are much more than just a brother to the 401(k). These plans have very much their own designs, rules and implementation concerns. Recently, ...