👥 Want to schedule a consultation? Click here: https://www.thepeakfp.com/free-consultation 457b Retirement Plans for Dummies A 457 b is a tax advantaged retirement savings plan. In some ways it's pretty similar to the more common 401k plan or even TSP or 403b plans If you liked this video, make sure to click thumbs up and subscribe @ThePeakFP Eric Amzalag, CFP®, RICP® _ _ Read a Sample Financial Plan: https://www.thepeakfp.com/blog/sample-financial-plan 💥 Additional Popular Retirement Videos 💥 1️⃣ Protect Your Retirement Portfolio from Sequence of Returns Risk https://youtu.be/lpvvzPgbD9w 2️⃣ Asset Allocations are a Scam... https://youtu.be/_fuFPrOWel0 3️⃣ How Much Money Do You Need to Retire? https://youtu.be/yi4cmnb69nA 4️⃣ Retirement Plannings Missing Phase https://youtu.be/oR16t__fWAs 5️⃣ I spent HOURS testing retirement portfolios. I learned these secrets! https://youtu.be/OPxpwQIrkMs 00:00 Intro 00:34 What is a 457b 01:00 How 457b Accounts Help You Save 03:08 Contribution Limits 05:48 Withdrawal Features 06:35 Are there ROTH 457b 06:55 Are you required to take RMDs from a 457? 07:11 How are distributions taxed? 07:59 Can you rollover a 457 _ _ Disclaimer: Please consult with your own tax, legal and financial advisors for personalized advice. #retirement #retirement #retirementplan #retirementincomeplanning #retirementincome #fiduciary #financialadvisor #financialadvice #feeonly #feeonlyadvisor #feeonlyfiduciary #financialplanner #certifiedfinancialplanner