457 account
Hi Terry, I am retired from the public sector & have 457 accounts, along with my pension, etc. I am thinking of rolling over to a financial investment firm like Fidelity, combining into one account. I would have little more management costs & state tax to pay with any withdrawal, any comments or thoughts on Fidelity, etc.? thank you!
Terry Says
You don’t want to WITHDRAW anything — but yes, you should do a rollover. Here are instructions:
https://www.terrysavage.com/rollover-now/
Remember, it all rolls in cash, so tell them to put it in the Fidelity Government Cash Reserves money market fund.
Then you should get some unbiased and FIDUCIARY fee-only advice, even on a one-time basis about your investments, but also about your retirement income plan, taxes, and estate plan.
Read this: https://www.terrysavage.com/pam-krueger-wealthramp/
