How are my Section 457 distributions paid to me when I retire?

Distributions are not required at the time of retirement, but are required beginning in the year you attain the age of 72 years. However, you may elect to take your distribution at termination of employment as a lump sum, monthly, quarterly or annual payment. You may also choose to roll over your funds as permitted in your plan document. North Shore Bank will assist you in structuring your repayments to meet your individual needs and goals.

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How are my Section 457 distributions paid to me when I retire?

FAQs

What costs are involved in a deferred compensation 457 plan?

What are the minimum and maximum amounts I can contribute to a 457 plan?

May I participate in a Section 457 plan in addition to other retirement plans?

How are my Section 457 distributions paid to me when I retire?