457 vs. 403(b): What’s the Difference?
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Wow. I've never seen a video where 2 people talk so much and explain absolutely nothing.
Thanks for the show! Just curious. How do taxes play out in 457? Can you Roth a 457?
Please do a detailed segment on deferred compensation 457 and 457b plans please.
Need help on the 403b ? Is it better than just mutual funds and etf. I will eventually do both but …
Please make a more in depth video on 457b retirement accounts …. please please please
Wish there was a more in depth video for the 457, love the show!
We are funding 403 university plan up to the Match.. then switching the 457 with a Roth component . & 401 k up to the match… backdoor a Roth when possible… lots of moving parts but it should give us options for early retirement & battling the tax man
My employer has a 401k and 457. I contribute 3% to the 401k to get the full match, then contribute the rest of my pre-tax savings to the 475 to fund the option of early retirement.
It’s good when you have a 403b, 457, and TRS, that’s big army of $s working for you!
Very different risks between the two
457s are a asset/liability on the company’s books, so if they go under, they can liquidate at their discretion
Great overview. I was going to make a video this exact topic!
I feel like I wanted this to be longer but thanks for the basics!
I need to get me one of them 457’s! Woooo!
Great info as usual! Do you have a full episode where you talk more in depth about 403b? I just started at a job where they have that and I don’t understand the difference between that and a 401k