governmental 457(b) plans

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf retirement plan
gptkbp:catchUpContributionLimit2023 $7,500
gptkbp:catchUpProvision age 50 and over
final 3 years before retirement
gptkbp:contribution tax-deferred
gptkbp:contributionLimit2023 $22,500
gptkbp:eligibility government employees
gptkbp:employerContributions allowed
https://www.w3.org/2000/01/rdf-schema#label governmental 457(b) plans
gptkbp:loansAllowed plan dependent
gptkbp:offeredBy local governments
state governments
governmental agencies
gptkbp:purpose retirement savings
gptkbp:regulates Internal Revenue Code Section 457(b)
gptkbp:requiredMinimumDistributions age 73 (as of 2023)
gptkbp:rolloverEligible gptkb:IRA
gptkb:401(k)
gptkb:403(b)
gptkbp:taxationOnWithdrawal ordinary income tax
gptkbp:vesting plan dependent
gptkbp:withdrawalPenalty no early withdrawal penalty
gptkbp:bfsParent gptkb:Credit_for_Qualified_Retirement_Savings_Contributions
gptkbp:bfsLayer 7