IRA to 457(b)

[factorytuned2012]

I have a traditional IRA my question is, could I roll the assets into my employers plan sponsored 457(b)?

Both the traditional IRA along with the 457(b) are before tax dollars. is this doable?

thanks.

 

[Sequoiasoon]

I was always taught not to mix them while still contributing. If you remove them when retired in one place maybe. Most employer plans that I know don't allow outside funds to be added and co-mingled.

 

[Slick3914]

Why would you want to? The IRA will have infinitely more investment choices and lower fees.

 

[rijndael]

Why would you want to? The IRA will have infinitely more investment choices and lower fees.

And, that IRA is where you should roll that 457b to when you leave your current employer.

 

[factorytuned2012]

I am not planning on leaving my employer anytime soon its a quasi state entity with state retirement as well as a generously matched deferred compensation program.

 

[02SE]

I am not planning on leaving my employer anytime soon its a quasi state entity with state retirement as well as a generously matched deferred compensation program.

I would talk to someone who actually works in the department overseeing that fund. As they will have and be able to give specifics to your situation that we can't.

 

[factorytuned2012]

I would talk to someone who actually works in the department overseeing that fund. As they will have and be able to give specifics to your situation that we can't.

I get it.