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. …

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 …

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 …

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.

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 …

Dec 1, 2024 · While it’s not as widely known as a 401 (k) or IRA, a 457 plan can be a powerful tool for building a secure financial future, especially for government employees and non-profit workers who …

Nov 21, 2025 · Similar to the better-known 401 (k) plan in the private sector, the 457 plan (sometimes called a "457 (b) plan") allows employees to deposit a portion of their pre-tax earnings in an …

A 457 (b) plan is a type of retirement savings account offered to state and local government employees and certain nonprofit organizations. It typically compliments other retirement accounts.