457 Plan to Roth IRA

Submitted by brcwm on Fri, 2022-01-14 21:46

Taxpayer recently stopped working. Can this taxpayer rollover funds from a 457 plan to a Roth IRA?



Submitted by Alan - IRA critic on Fri, 2022-01-14 21:50

Yes, if it’s a govt 457 plan. Non govt 457 plans are not eligible for rollover. Of course, if the 457 funds are pre tax, taxes will be owed for rollovers to a Roth IRA. Any Roth 457 funds are not taxable when rolled to a Roth IRA.

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