Hey everyone,
I'm looking into setting up a retirement plan and came across the option of a 457 plan. I've done a bit of research, but I'm still trying to figure out if it's the right choice for me. Could anyone share their experiences or insights about using a 457 plan? Specifically, I'd love to know:
- How does it compare to other retirement plans like 401(k) or IRA?
- What are the main advantages and disadvantages of a 457 plan?
- How does the withdrawal and tax process work, especially upon changing jobs or retiring?
Thanks for any guidance you can give!
