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

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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 can be either …

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 employees. …

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 determine who is …

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 employees of …

What Is a 457 (b) Plan? A 457 (b) plan is a tax-deferred retirement savings plan. Funds are withdrawn from an employee’s income without being taxed and are only taxed upon withdrawal, which is …

Dec 1, 2025 · A 457 plan is a type of deferred compensation retirement plan with tax advantages that's typically offered to government employees and some employees of nonprofits.

Jan 17, 2024 · A 457 (b) is another type of deferred compensation plan that’s available to public employees and those who work for certain tax-exempt organizations. It’s similar to a 401 (k) but has …

Dec 29, 2025 · A 457 plan — technically a 457 (b) plan — is similar to a 401 (k) retirement account. It’s an employer-provided retirement savings plan that you fund with pre-tax contributions, and the …