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.
A rollover is when you move the assets in an employer-sponsored retirement plan, such as a 401(k) or 403(b), into an IRA. You start by deciding what type of IRA is best for you and choosing your investments. You'll then call the financial company that holds your former employer's retirement plan and have your savings moved into a Vanguard IRA. Call us at 800-523-9442 and one of our rollover specialists will walk you through the steps.