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.
When you got a distribution check from the IRA, then reinvested it in your 401k, you executed an indirect rollover. Rollovers from an IRA to a 401k are allowed by the IRS if the plan permits it. If you rolled the money into your 401k within 60 days, the amount should be tax-deductible.