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I might be working for a government agency soon...should I put my 401(k) in 457 or 401(a)


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Guest GoGoLucky
Posted

thanks...

Posted

Do you mean as a rollover? Keep in mind that unless your balance is less than $5000, you can leave your money in the 401(k). The main reason to consider this is the investment options available in that plan versus you new plan.

Or

Do you mean which plan should you pick for future contributions? In which case, look at which allows pre-tax contributions, do they have the same or different investment options, what are the restrictions on withdrawals (both now and at retirement).

Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra

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