457 plan

id: 457-plan-190-17268550
title: 457 plan
text: The 457 plan is a type of nonqualified, tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pretax or after-tax (Roth) basis. For the most part, the plan operates similarly to a 401(k) or 403(b) plan with which most people in the US are familiar. The key difference is that unlike with a 401(k) plan, it has no 10% penalty
brand slug: wiki
category slug: encyclopedia
description: Type of retirement plan in the United States
original url: https://en.wikipedia.org/wiki/457_plan
date created:
date modified: 2024-02-26T21:16:41Z
main entity: {"identifier":"Q16240635","url":"https://www.wikidata.org/entity/Q16240635"}
image:
fields total: 13
integrity: 14

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