State and local government employees can invest more in their 457 plans in 2026 than in 2025. Similar to the better-known 401(k) plan in the private sector, the 457 plan (sometimes called a "457(b) ...
A 457 plan is a tax-advantaged retirement savings plan primarily used by employees of state and local governments, as well as certain non-profit organizations. Like 401(k) and 403(b) plans, it allows ...
Planning how and when to withdraw money from your retirement accounts can have a big impact on how much of your savings you actually get to keep. This is especially true with 457(b) plans, which are ...
No later than December 31, 2025, non-governmental 457(b) deferred compensation plans must be amended for certain changes under the SECURE Act of 2019 and the SECURE 2.0 Act of 2022. More specifically, ...
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