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Is a 457 IRA tha same asa roth IRA?

Updated: 9/23/2023
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10y ago

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No, a 457 IRA is no the same as a Roth IRA. A 457 IRA is a type of retirement account that holds money pre-tax, so when the money is withdrawn in retirement, it is taxed as income at that time. A Roth IRA is funded with after tax dollars, and taxes are not assessed at the time of withdrawal.

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10y ago
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Q: Is a 457 IRA tha same asa roth IRA?
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