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.
But in a rollover, your current institution sends the funds to you, and then it's your job to get that money to the new institution. The rollover rules give you 60 days from the date of the distribution to get that money into the new account. But they also allow you to redeposit the money back into the existing IRA, acknowledging the fact that IRA accountholders will sometimes change their minds about a provider switch. As a result, if you can fit within the 60-day rollover window, you can simply redeposit the full amount of the distribution back into your IRA.