See how we rate investing products to write unbiased product reviews. A 457 plan is a type of deferred compensation plan for workers in the government and nonprofit sectors. It is considered one ...

Review the section below about the “special 457(b) catch-up contribution” for more information. The contribution limit for the 457(b) Plan is separate from the 403(b) Plan. Contributions made to the ...

State and local government employees can invest more in their 457 plans in 2025 than in 2024. Like the better-known 401(k) plan in the private sector, the 457 plan (sometimes called a "457(b ...

There are different accounts available to help you save for retirement, including a 457 and 403(b). You may be able to contribute to one or both if you meet the eligibility requirements and work ...

Jeffrey Levine, chief planning officer at Buckingham Wealth Partners, discusses in this Retirement Daily video whether a person has to distribute the balance of an inherited 457 plan by the end of ...