About: 457 plan

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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 for withdrawal before the age of 55 (59 years, 6 months for IRA accounts) (although the withdrawal is subject to ordinary income taxation). These 457 plans (both governmental and nongovernmental) can also allow independent contractors to participate in the plan, where 401(k) and 403(b) plans cannot.

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rdfs:label	457 plan (en)
rdfs:comment	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 for withdrawal before the age of 55 (59 years, 6 months for IRA accounts) (although the withdrawal is subject to ordinary income taxation). These 457 plans (both governmental and nongovernmental) can also allow independent contractors to participate in the plan, where 401(k) and 403(b) plans cannot. (en)
dcterms:subject	Internal Revenue Code Retirement plans in the United States Tax-advantaged savings plans in the United States
Wikipage page ID	1029753 (xsd:integer)
Wikipage revision ID	1080641195 (xsd:integer)
Link from a Wikipage to another Wikipage	School districts United States Deferred compensation Individual retirement account Cornell Law School Enron Government Ordinary income Retirement plan Tax advantage 401(k) 403(b) Internal Revenue Code Retirement plans in the United States Tax-advantaged savings plans in the United States Form 1099-R Rabbi trust State universities Economic Growth and Tax Relief Reconciliation Act of 2001 Tax Employee Retirement Income Security Act Independent contractor Revenue ruling Small Business Jobs Act of 2010 Trust (property)
Link from a Wikipage to an external page	http://www.ed4ed.org/ https://web.archive.org/web/20021020225930/https:/www.irs.gov/retirement/article/0%2C%2Cid%3D96315%2C00.html https://web.archive.org/web/20041108181930/https:/www.irs.gov/pub/irs-pdf/p4406.pdf https://www.irs.gov/pub/irs-pdf/p4406.pdf https://www.irs.gov/pub/irs-utl/457_outline.pdf https://www.irs.gov/retirement-plans/irc-457b-deferred-compensation-plans https://www.irs.gov/retirement/article/0,,id=96315,00.html https://www.law.cornell.edu/uscode/text/26/457-
sameAs	457 plan 457 plan 457 plan 457 plan
dbp:wikiPageUsesTemplate	dbt:Cite_web dbt:Reflist dbt:Use_mdy_dates
has abstract	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 for withdrawal before the age of 55 (59 years, 6 months for IRA accounts) (although the withdrawal is subject to ordinary income taxation). These 457 plans (both governmental and nongovernmental) can also allow independent contractors to participate in the plan, where 401(k) and 403(b) plans cannot. (en)
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page length (characters) of wiki page	10658 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:457_plan
is Link from a Wikipage to another Wikipage of	CalPERS 457(g) 457 (disambiguation) Individual retirement account Internal Revenue Code Tax credit Oregon Public Employees Retirement System Transamerica Corporation 401(a) 401(k) 403(b) Outline of finance Form 1099-R Tax Cuts and Jobs Act of 2017 Rabbi trust ABLE account Economic Growth and Tax Relief Reconciliation Act of 2001 SEP-IRA SIMPLE IRA Stable value fund Retirement plans in the United States 457(b) 457(b) plan 457(f)
is Wikipage redirect of	457(g) 457(b) 457(b) plan 457(f)
is Wikipage disambiguates of	457 (disambiguation)
is foaf:primaryTopic of	wikipedia-en:457_plan

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