Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
retirement plan
U.S. Internal Revenue Code section |
| gptkbp:administeredBy |
gptkb:Internal_Revenue_Service
|
| gptkbp:allows |
tax-deferred contributions
catch-up contributions for participants age 50 or older |
| gptkbp:appliesTo |
state government employees
local government employees certain tax-exempt organization employees |
| gptkbp:catchUpContributionLimit2023 |
$7,500
|
| gptkbp:compatibleWith |
10% early withdrawal penalty
|
| gptkbp:contributionLimit2023 |
$22,500
|
| gptkbp:dateEnacted |
1978
|
| gptkbp:distributionsAllowedAt |
separation from service
age 70½ unforeseeable emergency |
| gptkbp:doesNotPermit |
employer matching contributions for tax-exempt organizations
|
| gptkbp:employeeContributions |
pre-tax
Roth (if plan allows) |
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:establishedBy |
employer
|
| gptkbp:governs |
eligible deferred compensation plans
|
| https://www.w3.org/2000/01/rdf-schema#label |
Section 457(b)
|
| gptkbp:IRSPublication |
Publication 571
|
| gptkbp:permits |
special catch-up contributions in last 3 years before normal retirement age
rollovers to other eligible retirement plans |
| gptkbp:policy |
defined contribution plan
|
| gptkbp:relatedTo |
gptkb:Section_401(k)
gptkb:Section_403(b) |
| gptkbp:subject |
required minimum distributions
|
| gptkbp:taxStatus |
gptkb:Form_1099-R
|
| gptkbp:bfsParent |
gptkb:Section_403(b)
|
| gptkbp:bfsLayer |
7
|