403(b) vs 457(b): Retirement Savings For Nonprofit And Government Employees channel3000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channel3000.com Daily Mail and Mail on Sunday newspapers.
By Sally Adams
Feb 9, 2021
Times are tough and some Texans are either taking funds out of their retirement accounts or contributing less. Oak Harvest Financial Group CEO Troy Sharpe says they are stealing from themselves. We re seeing a lot of people having to tap their retirement accounts sooner than they otherwise would have. This does have long term negative impact. We re talking about lost interest potential, tax deferral and compounded interest over the next several years.
Sharpe says they will probably have to postpone their retirement. He suggests while they can still work, they should work a side gig or upgrade their skills online or at a community college in order to get a better job.
Undeterred by government criticism of its advertising spending, the advocacy group for industry funds is ramping up its attempts to hold on to the SG increase with a new media campaign. Lobby group