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Hi Mulligan, Yes I do have a pension with Calpers. Question.. What made you say that "you should have been maxing out the Roth's from the get go and until retirement?" Do you mean, you would have benefited more by doing that than solely investing in 457 plan? Because my dilemma is that if I...

Thanks Karluk. So are you saying that when you withdraw money from 457, you can withdraw to whatever amount you want every month? There's no minimum require distribution?

Thanks for all your replies. Hope to see more :)

Hi, I am 36 yrs old and have 457 tax deferred plan (GreatWest retirement plan) and I was wondering whether to put more money in Greatwest or Roth IRA. I'm in the 25% bracket right now. I just learned that upon retirement, 457 plans tax you up front 20% withholding tax of your distribution...

Doxiemama, Thank you so much for such insightful advice! I'm glad to have some people like you who cares answering these questions!! I barely have anything in Social Security. I only worked in private sector 3yrs... the rest is government job. You are right about not having to change my...

Anyone would like to give me advice on my situation: o here are my more accurate calculations and please advise if I should buy Service Credit or not: My monthly due for service credit is approx: $650 payable in 15 years This is for approx $85,000 service credit 7.5% interest I will retire in...

Doxiemama, Yes you are right. But I made it to the cut off and the entire process is taking more than 6 months. So yes, I am eligible for that buying air time plan.

Hi, So here are my more accurate calculations and please advise if I should buy Service Credit or not: My monthly due for service credit is approx: $650 payable in 15 years This is for approx $85,000 service credit 7.5% interest I will retire in 20 years I already earned 12 years Our...

Thank you clifp! To reply to your questions: "The devil is in the details in this things. In particular how much does it cost, what is the effect on your pension, and then some individual factor: family longevity, health. I.e. no reason to buy a more generous pension if everybody in your family...

Hi, I am 35 years old and eligible to purchase 1 to 5 years of Additional Retirement Service Credit (ARSC) through Calpers. My total years of service is 11 years. I know what is ARSC but I am not a genius in it. I want to buy the maximum additional service credit I could buy (in this case 5...