Tykimeister
Recycles dryer sheets
- Joined
- Aug 21, 2008
- Messages
- 98
I am a public service employee and my work has always had the option of starting a 457 plan during open enrollment. I haven't given this plan much thought over the years because I have always been more concerned about maxing out my ROTH IRA and saving money for other things. Saving money is a big part of my life and I don't intend on working past 50 years of age. I am currently 29.
Currently I have:
Maxed contributions to ROTH IRA, since 2009
KPERS 401 (a) Defined Benefit Plan $13,000 after 6 years of service (vested)
$10,000+ emergency fund
Basically I have money stashed away already for next years ROTH IRA contribution already and I'm building up enough money to probably start buying more stock products. But I would like to ask if this 457 plan is a "no-brainer" option I should be taking advantage of right now.
Also, if there are other investment opportunities I should be aware of, please let me know.
Thanks!
Currently I have:
Maxed contributions to ROTH IRA, since 2009
KPERS 401 (a) Defined Benefit Plan $13,000 after 6 years of service (vested)
$10,000+ emergency fund
Basically I have money stashed away already for next years ROTH IRA contribution already and I'm building up enough money to probably start buying more stock products. But I would like to ask if this 457 plan is a "no-brainer" option I should be taking advantage of right now.
Also, if there are other investment opportunities I should be aware of, please let me know.
Thanks!