There are a wide range of federal, state and county benefits available to qualified veterans and their families and County Directors of Veterans Affairs can be an excellent source of information and assistance when applying for these benefits.
Rollover Methods. The IRS allows two rollover methods for rolling over a 457 plan to a Roth IRA. You can siphon amounts from your 457 plan and, within 60 days, contribute them to a Roth IRA. Your employer must withhold 20 percent of this amount for taxes.The second method is the direct rollover option.ollover Methods. The IRS allows two rollover methods for rolling over a 457 plan to a Roth IRA. You can siphon amounts from your 457 plan and, within 60 days, contribute them to a Roth IRA. Your employer must withhold 20 percent of this amount for taxes. The second method is the direct rollover option.
For example, you may have taken out the money because you were planning to buy a home or a new car, but then decided not to and as long as you return the money to the IRA within 60 days, it receives rollover treatment.However, if the 60-day time limit has run, youâre generally out of luck.owever, if you took a distribution from Z, you could roll it into X, Y or Z because Z had not previously participated in a rollover. If you take a distribution from a plan that has already been part of a rollover within the last 12 months, that money is ineligible to be put back into an IRA.