VIDEO: 457 Plan Explained: The Secret Retirement Hack for Government & Nonprofit Employees!
by Leah Woodly
Are you a nurse, teacher, or government employee? If so, you might have access to a 457 plan—one of the best-kept secrets in retirement planning!
In this video, Leah breaks down:
- What a 457 plan is and how it works
- Key benefits and contribution limits for 2024
- How it compares to a 401(k) or 403(b)
- Why the no early withdrawal penalty makes it a powerful tool for early retirement
- Tips on maximizing your investments in a 457 plan
If you’re wondering whether a 457 plan is right for you, this video has you covered!
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