It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

investing, taxes.

You've got financial questions, he's got financial answers.

It's Brian Preston, the money guy.

All right, his first question, this is from Brandon.

He says, I work for the government and I have a pension that takes a 7% contribution.

I've maxed out my Roth IRA.

This plays me putting 17% gross towards retirement.

HR offers a 457 B plan, but the lowest cost fund has an expense ratio of 0.61%.

I've reached out to HR to see if they can add some index funds but I haven't heard anything.

Should I still take advantage of the 457, even though it has high costs, or should I think

about moving to a taxable account and saving after tax?

The question that's not in there is he has a Roth 457.

I would say if I was data gathering, that would also be one more variable that can move

the needle one way or the other.

I will tell you, and by the way, who asks this question?

This is Brandon.

Brandon is actually hitting on a lot of cylinders and the fact that he's not only taking advantage

of the pension plan, which is automatic, I get that, some people will go write comments,

but that's great because he's not only, if he's putting in 7%, because I've worked

in government, I know all these pensions work.

His employer is probably putting in 10 to 8 to 12%, it depends on how well funded they

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