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gptkbp:instanceOf
|
gptkb:U.S._Internal_Revenue_Code_section
gptkb:retirement_plan
|
|
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
|
|
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
|
gptkb: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
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Section 457(b)
|