• 1984@lemmy.today
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    3 days ago

    What is 457b money? You have 457 billion? Or it’s a name for some investment account?

    • Washedupcynic@lemmy.ca
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      2 days ago

      Think of it like a 401k or Roth account for government workers. The tax rules are mostly the same, except when we leave government service, we can withdraw the money without penalty.