How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask PDtax Your Own Question
PDtax, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 4619
Experience:  35 years tax experience, including four years at a Big 4 firm.
Type Your Tax Question Here...
PDtax is online now
A new question is answered every 9 seconds

Can I roll a calpers 457 account ( I am separated from

Customer Question

Can I roll a calpers 457 account ( I am separated from serviceno penalties) into a traditional Ira with etf options without tax implications?
Submitted: 1 year ago.
Category: Tax
Expert:  PDtax replied 1 year ago.

Hi from Just Answer. I'm PDtax, and will assist.

Expert:  PDtax replied 1 year ago.

Per the CTA, you can roll your 457 account into an IRA with no tax penalty or cost. I suggest using a new IRA account, so you can keep track of the history of the transfer.

Expert:  PDtax replied 1 year ago. is the link to their site discussing the rollover.

Try to do it direct, trustee-to-trustee, so that there won't be any need for withholding.

Thanks for asking at Just Answer. Positive feedback is appreciated. I'm PDtax.