Non-governmental employers that sponsor Section 457(b) deferred compensation plans should be mindful that December 31, 2025, is the deadline for plan amendments to reflect changes in law included in ...
Recent changes under SECURE 2.0 require all 457(b) non-governmental (tax-exempt) plan sponsors to adopt compliance amendments by the end of 2025 to remain in compliance with federal law. While the ...
The IRS and financial experts have detailed 2026 rules for 457(b) plans, clarifying withdrawal flexibility, tax treatment, and expanded catch-up contribution limits under SECURE 2.0. Governmental plan ...
The IRS has increased 457(b) retirement plan contribution limits for 2026 to $24,500, with higher catch-up allowances for older workers. Those aged 50 and above can contribute an extra $8,000, while ...
Planning how and when to withdraw money from your retirement accounts can have a big impact on how much of your savings you actually get to keep. This is especially true with 457(b) plans, which are ...
Tax-exempt employers sponsoring 457(b) deferred compensation plans have until the end of the year to amend their plans—one year earlier than most other plan types. Initially, qualified and ...