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MissionSquare Retirement 777 N. Capitol Street, NE, Washington, DC 20002-4240 (800) 669-7400 www.icmarc.org Why save to your 457 deferred compensation plan when you already have a 401(k) plan? 1. No early withdrawal penalties Only a 457 plan avoids the IRS 10% early withdrawal penalty tax, regardless of your age.* 2. Achieve other savings goals Do you have another one retirement savings goal, such as medical costs, long-term care, or a home purchase? Having another savings bucket can help. 3. Save big Max out either plan and you can save even more to the other. Visit www.icmarc.org/contributionlimits to view current year maximum contribution amounts. 51254-0621 Your 457 plan matters Your 457 plan can bridge the gap between an early retirement and age 59½. At age 59½, you can withdraw from any retirement account without penalty taxes. Have questions? Your MissionSquare Retirement representative can help. *10% penalty tax never applies to withdrawals of original 457 plan contributions and associated earnings. But penalty may apply to non-457 plan assets rolled into a 457 plan and subsequently withdrawn prior to age 59½. Timothy Oster I Retirement Plans Specialist (866) 822-3641 I [EMAIL REDACTED]