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 ...

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 ...

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 ...

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 ...

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 ...

A 457(b) plan, typically available to state and local public employees and certain non-profit employees, is a type of deferred-compensation retirement plan. The term "rollover" denotes the transfer of ...

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 ...

Employees of state and local governments can stash more money in their 457 plans this year, building bigger nest eggs for retirement. The maximum amount you can contribute to a 457 retirement plan in ...

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 ...

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 ...

If you’re a state or local government worker investing in what is commonly referred to as a 457 deferred compensation retirement plan, or an employer sponsoring such a plan, you could learn a lot from ...