|
gptkbp:instanceOf
|
retirement plan
|
|
gptkbp:administeredBy
|
employer
|
|
gptkbp:allows
|
tax-deferred contributions
|
|
gptkbp:appliesTo
|
state government employees
local government employees
certain non-profit organization employees
|
|
gptkbp:catchUpContributionLimit2023
|
$7,500
|
|
gptkbp:catchUpProvision
|
age 50 and over
final 3 years before retirement
|
|
gptkbp:compatibleWith
|
private for-profit employers
|
|
gptkbp:contributionLimit2023
|
$22,500
|
|
gptkbp:dateEnacted
|
1978
|
|
gptkbp:earlyWithdrawalPenalty
|
none
|
|
gptkbp:governs
|
deferred compensation plans
|
|
gptkbp:hasType
|
gptkb:457(b)_plan
gptkb:457(f)_plan
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Section 457
|
|
gptkbp:partOf
|
gptkb:Internal_Revenue_Code
|
|
gptkbp:requiredMinimumDistributions
|
age 73 (as of 2023)
|
|
gptkbp:rolloverAllowedTo
|
gptkb:IRA
gptkb:401(k)
gptkb:403(b)
|
|
gptkbp:subject
|
required minimum distributions
contribution limits
taxation upon withdrawal
|
|
gptkbp:withdrawalsTaxedAs
|
ordinary income
|
|
gptkbp:bfsParent
|
gptkb:Section_401(k)
gptkb:29_U.S._Code_Chapter_11
|
|
gptkbp:bfsLayer
|
6
|