State and local government employees can invest more in their 457 plans in 2026 than in 2025. Similar to the better-known 401(k) plan in the private sector, the 457 plan (sometimes called a "457(b) ...

A 457(b) plan is likely your main retirement savings option if you work for the state or local government, or certain non-profits such as a church. With a 457(b) things can be a little confusing ...

The 457 b plan can help you secure a better retirement. In the world of workplace-based retirement plans, the 401(k) plan reigns supreme, but many workers are offered a 457 b plan that's available to ...

With very few exceptions, the rules governing governmental 457(b) plans require a “severance of employment” to occur before a distribution can be made. Recently, we came across yet another of those ...

Most of your working clients probably have an employer-sponsored 401(k) or 403(b) retirement plan, to which they should usually maximize their allowed contributions. But some of those clients may also ...

If we’ve said it once, we’ve said it a hundred times (ok, maybe just that one time) – recruiting and retaining top talent can be a headache for nonprofit organizations forced to compete against ...

A 457 plan is a lesser-known retirement plan similar to a 401k. But these types of plans come with some added benefits. First off, it’s worth noting that there are two versions. The 457(b) plan is the ...

Roth IRA and 457(b) plans give savers tax-advantaged ways to fund a secure retirement. Almost anyone can open a Roth IRA account with after-tax dollars that then grow tax-free. Only state and local ...

A 457(b) retirement plan is a tax-advantaged saving scheme available to government and certain non-profit employees. It allows participants to defer income taxes on retirement savings until the funds ...

If you work in the private sector, you likely have access to a 401(k) plan that allows you to put aside a portion of your paycheck toward a tax-deferred retirement account. However, government and ...

The tax laws give retirement savers several opportunities to earn tax benefits by saving for retirement. 457 plans are among the more obscure employer retirement plans, with 401(k) and 403(b) plans ...