Posts about 457

Taking a Loan from Your Retirement Plan = Bad Idea

Why you should refrain from making this move.   Provided by Marc Aarons at Money Managers, Inc.   Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that because these loans are not only risky, but injurious, to your retirement planning.   A loan of this kind damages your retirement savings prospects. […]

Retirement Account Limits for 2017

2017 Retirement Account Limits How much can you contribute this year? Provided by Marc Aarons   In 2017, you have another chance to max out your retirement accounts. Here is a rundown of yearly contribution limits for the popular retirement savings vehicles. IRAs. The 2017 limits are the same as in 2016: $5,500 for IRA […]