457(b) Retirement Plans: The Ultimate Guide

Get a FREE review of your retirement plan from Trek Wealth Planning: https://www.trekwealth.com/get-started/ In this video we go through the ins and outs of the powerful 457b retirement plans. These plans have some unique features that make them especially valuable for early retirement. Trek Wealth Planning: https://www.trekwealth.com 4 Great Reasons To Claim Social Security Before Age 70:    • 4 Great Reasons to Claim Social Security E...   How To Pay $0 Taxes on $125k of Retirement Income:    • How To Pay $0 Taxes on $125k Retirement In...   Know Your Healthcare Options In Early Retirement:    • Retiring Before 65? Know Your Healthcare O...   Timestamps: 0:00 The Powerful 457b Retirement Plan 0:25 What is a 457b Plan? 0:43 The 2 Types of 457 Plans 1:06 Who Has Access to Governmental 457b Plans? 1:21 The Tax Treatment of Traditional 457b Contributions 1:38 Roth 457b Contributions 1:54 457b Contribution Limits 2:30 457b Employer Matching Contributions 3:19 457b Required Minimum Distributions (RMDs) 3:58 Investing in a 457b Account 4:19 First Advantage of 457s over 401ks 4:52 A Caution about 457b Rollovers 5:02 A Caution about Roth 457bs 5:30 Second Advantage of 457s over 401ks 6:03 How To Prioritize 457b contributions 6:34 Adding a 457b to Your Financial Plan Disclaimer: Trek Wealth Planning, LLC is an Investment Advisor registered with the States of Missouri and Kansas. This video is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or the completeness of, any description of securities, markets or developments mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this communication's conclusions.