Row 42457

Row ID: 42457 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 42457 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Your advice is not correct in all situations, as non-governmental 457b's do not allow one the same flexibility.

They all require you elect when you will take distributions: either lump sum, or over a period of time.

Some non-governmental 457b's mandate the entire lump sum (with no option to delay distribution) be paid out upon leaving the employer, which is a tax bomb if you are still working as everything will be in your highest tax bracket or perhaps enter a bracket above.

You need to ensure if a non-governmental 457b, that it allows for distributions to be delayed and made over a 5-10 year period to distribute the tax burden.

FieldValue
text Your advice is not correct in all situations, as non-governmental 457b's do not allow one the same flexibility. They all require you elect when you will take distributions: either lump sum, or over a period of time. Some non-governmental 457b's mandate the entire lump sum (with no option to delay distribution) be paid out upon leaving the employer, which is a tax bomb if you are still working as everything will be in your highest tax bracket or perhaps enter a bracket above. You need to ensur…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-22
username_encoded Z0FBQUFBQm5Lak1OYkdMc241RWdsNXppYmZ4cC1kaW10b1dhSFB0MEFZQVU5VGhFaWFlVWZpbjZOQk1nSHdweGtoc3BXejhMbnhrc1Y1X3ZNWnVUMnVBYUpZNExqQlFLVFE9PQ==
url_encoded Z0FBQUFBQm5Lak9kT0tQSk8xUmFqb2Q3WVBEZll1SDFDdGFtaFRsMFRrVlNNY28zR21sVHBWMERrRk1wX3h4Y0tZY2VhOTBXMUpzNFJrRTA5bnduWlktRF9QNmhra3ZPSjNhTFBZelhzVVliUmxYWS11VkxkdHYtMWtYVl9CckdXYXlEQU9CbXRld0lhSHlSRlZLZVMtRTllZzQxa3JuOEJfZW4tc2RtZzNGNDltajF5QjBnMnZmWFZFLU9NaFdjdEtQLTVyVmpmU0tl

Raw Record

{
  "text": "Your advice is not correct in all situations, as non-governmental 457b's do not allow one the same flexibility.\n\nThey all require you elect when you will take distributions: either lump sum, or over a period of time.\n\nSome non-governmental 457b's mandate the entire lump sum (with no option to delay distribution) be paid out upon leaving the employer, which is a tax bomb if you are still working as everything will be in your highest tax bracket or perhaps enter a bracket above.\n\nYou need to ensure if a non-governmental 457b, that it allows for distributions to be delayed and made over a 5-10 year period to distribute the tax burden.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1OYkdMc241RWdsNXppYmZ4cC1kaW10b1dhSFB0MEFZQVU5VGhFaWFlVWZpbjZOQk1nSHdweGtoc3BXejhMbnhrc1Y1X3ZNWnVUMnVBYUpZNExqQlFLVFE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9kT0tQSk8xUmFqb2Q3WVBEZll1SDFDdGFtaFRsMFRrVlNNY28zR21sVHBWMERrRk1wX3h4Y0tZY2VhOTBXMUpzNFJrRTA5bnduWlktRF9QNmhra3ZPSjNhTFBZelhzVVliUmxYWS11VkxkdHYtMWtYVl9CckdXYXlEQU9CbXRld0lhSHlSRlZLZVMtRTllZzQxa3JuOEJfZW4tc2RtZzNGNDltajF5QjBnMnZmWFZFLU9NaFdjdEtQLTVyVmpmU0tl"
}

Entry Information