457(b) Plans

Plans eligible under 457(b) allow employees of sponsoring organizations to defer income taxation on retirement savings into future years. Ineligible plans may trigger different tax treatment under IRC 457(f).

*Note: it is important to contact your plan administrator for complete details on your 457(b) plan.
*Note: www.irs.gov website was used to provide this information to you.


Pre-tax contributions


Grow tax-deferred until distributions are made from the plan


Contact your plan administrator for this information


*Note: Contact your plan administrator

Maximum Contribution:

A 457(b) plan’s annual contributions and other additions (excluding earnings) to a participant’s account cannot exceed the lesser of:

  1. 100% of the participant's includible compensation, or
  2. the elective deferral limit $18,000 in 2017.

Catch-up contributions for those ages 50 and over

$6,000 in 2016 - 2017

*Note: You should always contact your plan administrator before starting this program.

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