Aug 28, 2025 · A 457 plan is a tax-advantaged retirement savings account for employees of governments and nonprofit organizations.

Plans of deferred compensation described in IRC section 457 are available for certain state and local governments and non-governmental entities tax exempt under IRC Section 501. They can be either …

What is a 457 (b)? A 457 (b) deferred compensation plan is a type of tax-advantaged retirement savings account that certain state and local governments and tax-exempt organizations offer employees. …

A deferred compensation plan is another name for a 457 (b) retirement plan, or “457 plan” for short. Deferred compensation plans are designed for state and municipal workers, as well as employees of …

Aug 15, 2024 · A 457 plan is a type of retirement plan offered by government and nonprofit organizations. 457 plans allow you to defer a portion of your pay, invest in various assets, and pay …

Dec 1, 2025 · A 457 plan is a type of deferred compensation retirement plan with tax advantages that's typically offered to government employees and some employees of nonprofits.

What is a 457 plan? A 457 (b) plan is a supplemental retirement plan for employees who meet eligibility criteria. Typically, if your employer is a governmental entity, state or local law will determine who is …

Aug 1, 2025 · In this guide, we’ll break down how 457 plans work, their key benefits, and how they compare to other retirement plans so you can make the most of what’s available to you.

Jan 17, 2024 · A 457 (b) is another type of deferred compensation plan that’s available to public employees and those who work for certain tax-exempt organizations. It’s similar to a 401 (k) but has …

The 457 plan is a type of nonqualified, [1][2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States.