You'll need to sign in or create an account to connect with an expert.
Money saved in a 457 plan is designed for retirement, but unlike 401(k) and 403(b)plans, you can take a withdrawal from the 457 without penalty before you are 59 and a half years old. ... There is no penalty for an early withdrawal, but be prepared to pay income tax on any money you withdraw from a 457 plan (at any age).
Money saved in a 457 plan is designed for retirement, but unlike 401(k) and 403(b)plans, you can take a withdrawal from the 457 without penalty before you are 59 and a half years old. ... There is no penalty for an early withdrawal, but be prepared to pay income tax on any money you withdraw from a 457 plan (at any age).
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
cryslarc1
New Member
arunavs_us
New Member
MojoMom777
Level 3
9079535135
New Member
larockmanhere
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.