@Bunny417 wrote:
I retired from city government. We have a 457b plan which is the same as a 401k but for government employees (live in GA) It is indeed an IRA and treated like a 401k.
A 457(b) plan is an employer-sponsored, tax-favored retirement savings account and is *NOT* an IRA which is an Individual Retirement Plan in your name at a bank or financial institution.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
