Leaving Employment
Getting Ready to Retire or Separate from Service
Did you know you can keep your City of Long Beach 457 Deferred Compensation Plan long after you separate from service or retire? You’ll continue to receive benefits, including:
- No cost financial planning access
- Lower investment expenses, on average
- Access to a self-directed brokerage account
- Access to your money before age 59 1/2 without a penalty1
- Flexible payout options with no taxes until you take withdrawals2
Learn More
Schedule an individual consultation with Tisha Neal, your MissionSquare Retirement Plans Specialist, to discuss your options and how to stay on track to meet your retirement goals.
1Withdrawals may begin after separation of service. You lose this automatic exemption if you move to another type of retirement account.
2Applies to all 457 plan contributions and associated earnings.
