Why Public Employees Should Use the 457(b) Plan to Retire Early

In this video, I explain why the 457 is the Best Retirement Account for Public Employees (State and Local Government Employees, Teachers, Firefighters, Nonprofit). A 457 plan is a retirement savings plan available to government workers, specifically those employed by state and local governments or certain tax-exempt organizations. In this video, I explain the advantages and disadvantages of this plan: Pre-tax contributions, ability to max out multiple accounts, early withdrawal without penalty, and more. The 457 is a great account to help you retire early. -- 0:00 Intro 2:41 Advantages 7:52 Disadvantages 9:24 Outro