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.
The distribution is taxable and, unless you're eligible to take qualified distributions, you're also hit with the 10 percent early withdrawal penalty. There is a loophole that you can use to essentially take a very short-term loan from your IRA: a rollover.Rollovers are designed to let you move money from one IRA to another and give you 60 days from the time you take the money out to put it back into a qualified retirement account, including the same IRA.he distribution is taxable and, unless you're eligible to take qualified distributions, you're also hit with the 10 percent early withdrawal penalty. There is a loophole that you can use to essentially take a very short-term loan from your IRA: a rollover.