The 457(b): How Public Employees Retire Years Earlier

Описание: For public employees who want to retire early, the 457b retirement account can be a game-changer. Cole explains how this tax-deferred account works similarly to a 401k but comes with a powerful advantage: penalty-free withdrawals as soon as you leave your job, with no need to wait until age 59½. This unique feature allows public sector workers to retire at 52, 55, or 57 and access their retirement savings immediately, something most private sector employees can't do with their traditional 401k accounts.

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#retirement #taxplanning #pension

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Timestamps:
00:00 – Game-Changing for Early Retirement
00:46 – What Is a 457b?
01:35 – Who Has Access
02:03 – 2026 Contribution Limits
04:15 – 457b Beats Traditional 401k
05:10 – Real Example
07:46 – Individual Example
09:20 – Maximize This Opportunity

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