Aug 28, 2025 · A 457 plan is a tax-advantaged retirement savings account for employees of governments and nonprofit organizations.

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.

What is a 457 (b)? A 457 (b) deferred compensation plan is a type of tax-advantaged retirement savings account that certain state and local governments and tax-exempt organizations offer …

A deferred compensation plan is another name for a 457 (b) retirement plan, or “457 plan” for short. Deferred compensation plans are designed for state and municipal workers, as well as …

What is a 457 plan? A 457 (b) plan is a supplemental retirement plan for employees who meet eligibility criteria. Typically, if your employer is a governmental entity, state or local law will …

Nov 21, 2025 · 457 plan contribution and catch-up limits for 2025 The maximum amount you can contribute to a 457 retirement plan in 2025 is $23,500, including any employer contributions.

Jan 3, 2025 · A 457 plan is a type of tax-advantaged retirement plan offered primarily to state and local public employees and to some non-profit employees. It allows participants to defer a …

Aug 1, 2025 · In this guide, we’ll break down how 457 plans work, their key benefits, and how they compare to other retirement plans so you can make the most of what’s available to you.

Apr 16, 2025 · 401 (k) plans and 457 plans are tax-advantaged retirement savings plans. 401 (k) plans are offered by private employers, while 457 plans are offered by state and local …

Unlike 403 (b)s, you can withdraw funds from your 457 (b) before age 59½ penalty-free if you're no longer employed by your organization, however, you can't roll over funds from a …