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 ...

Nonqualified deferred compensation plans subject to Section 457 may also be covered by Section 409A. In such cases, a plan must comply with Section 409A separately and in addition to compliance with ...

Amounts deferred under a governmental Section 457(b) “eligible” plan, and any income attributable to such amounts, are includable in the participant’s gross income for the taxable year in which they ...

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 ...