Plans of deferred compensation described in IRC section 457 are available for certain state and local governments and non-governmental entities tax exempt under IRC Section 501. They …

457 (b) plans for state or local governments: Key characteristics 401 (k) plans are a popular way for employers to provide tax-favored retirement benefits for their employees. In a 401 (k) plan, …

Aug 26, 2025 · Retirement topics - 457 (b) contribution limits A 457 (b) plan’s annual contributions and other additions (excluding earnings) to a participant’s account cannot exceed the lesser …

Comparison of governmental 457 (b) plans and 401 (k) plans: Features and corrections

Generally, for years beginning after 12/31/2001, an eligible deferred compensation plan under IRC Section 457 (b) (or “section 457 plan”) must meet the written plan document …

Aug 26, 2025 · Comparison of tax-exempt 457 (b) plans and governmental 457 (b) plans

An eligible governmental 457 (b) plan may permit participants and beneficiaries to transfer deferred amounts to defined benefit governmental plans for the purpose of purchasing …

Aug 26, 2025 · 457 (b) Plan All employees or independent contractors as defined under the plan of an entity that is a:

Apr 8, 2025 · For an eligible IRC 457 (b) plan of a tax- exempt entity, a plan that is operated in a manner inconsistent with IRC Section 457 (b) and Treas. Reg. Sections 1.457 (b)-3 through …

Aug 16, 1986 · 1. Introduction Section 457 plans are nonqualified, unfunded deferred compensation plans established by state and local government and tax-exempt employers. …