Quote:
Originally Posted by rocks911
So for example if I intend to pull, lets say $100,000 from my 457 in 2019, would it be better to pull $100,000 in a check in January or to receive it throughout the year in monthly installments of $8300?
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It probably won't make much difference tax-wise, although monthly installments may result in slightly less taxes if paid quarterly or as the withdrawals occur. But you're still going to have to pay income taxes for the year on that $100k. A lot depends on the costs associated with your 457 plan as fosterscik correctly notes. Like him, I rolled my 457 over to a Vanguard IRA for lower costs and increased flexibility.
But the first thing for you to do is talk with the 457 plan administrator to find out what your options and costs are with your specific plan.