457 Rollover

[Guest bmundy]

Can a participant roll assets out of a 457 plan if they are still working for the same government, but not actively participating in the plan?

[mbozek]

Distributions from a 457 plan are permitted only after attaining age 70 1/2, upon separation from employment with an employer sponsoring the plan or hardship. There is a special provision for a one time cash out if the amount of the account does not exceed $5000. You should check with the plan administrator for the distribution options.