457 Withdrawal Calculator

457 Withdrawal

Governmental 457(b) plans have no 10% early withdrawal penalty once you separate from service — unlike 401(k) and 403(b) before age 59.5.

Inputs

Current 457 balance ($)

Marginal tax rate (%)

Withdrawal amount ($)

State tax rate (%)

Results

Net received

—

Federal tax owed

—

State tax owed

—

Early withdrawal penalty

$0.00 (none for 457)

Remaining balance

—

Effective tax rate

—

Governmental 457(b) withdrawals are exempt from the 10% early-withdrawal penalty that applies to 401(k) and 403(b) distributions before age 59.5. Withdrawals are fully taxed as ordinary income.