There are higher 457 plan contribution limits in 2026. That's good news for state and local government employees.

Non-governmental, tax-exempt employers (i.e., non-profit organizations) that sponsor 457(b) deferred compensation plans ...

The maximum amount you can contribute to a 457 retirement plan in 2022 is $20,500, including any employer contributions. That’s an increase of $1,000 over 2021. For example, if your employer ...

Like its better-known sibling — the 401(k) — a 457(b) retirement plan is a tax-advantaged way to save for retirement. But the 457(b) is designed especially for employees of state and local governments ...

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 ...

In the ED, titled Internal Revenue Code Section 457 Deferred Compensation Plans That Meet the Definition of a Pension Plan and Supersession of GASB Statement 32, GASB recommends that if a Sec. 457 ...

I started a new job that offers a 457 retirement plan rather than a 401(k). Are the rules the same? The private-sector 401(k) and the 457 plan for public-sector employees have a lot in common. Both ...

Section 457(f) of the U.S. Internal Revenue Code provides a framework for nonqualified deferred compensation arrangements commonly offered by tax-exempt and governmental employers. 457(f) plans ...

Lincoln, Neb., hired Fiducient Advisors as non-discretionary investment consultant for its $350 million 401(a) plan and $70 million 457 plan, said Teresa Fleming, assistant purchasing agent. The city ...

Maine is searching for a general defined contribution plan consultant for its $575 million 457 plan. The state is seeking proposals from firms that can provide investment performance review and ...