I’m Retiring at 54. Should I Leave My Money in the 457(b) or Roll It Over?
You’re 54. The pager’s done screaming, the pension decision is staring at you, and the 457(b) balance you built over years of overtime, skipped weekends, and smoke-soaked shifts is finally in play. Now comes the question that sounds simple and can get expensive fast. Do you leave the money where it is, or do you […]
The 457(b) Exit Strategy: What to Leave, What to Roll, and What Not to Touch
The most expensive mistake with a 457(b) is usually not the investment pick. It is the box you check when you leave the job. If a distribution is paid to you instead of being sent straight to the new account, many employer plans must withhold 20% for federal income taxes, even if you intend to […]