Transcription of 457 Guidebook
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457 Guidebook Answers to your questions about 457 plans Neither Nationwide nor any of its representatives give legal or tax advice. For such guidance, please contact your legal or tax advisor. 457 Guidebook Table of Contents 457 Guidebook 4-5. 457 Plan Basics Types of 457 6-7. Eligible 6. Eligible 6. Plan 6-7. Plan 7. Contributions Deferral 8. Automatic Enrollment .. 9. Maximum Deferral 9-10. Roth Elective 10. Contributions of Differential Pay for Employees in the 10. Make-up Deferrals for Employees Returning from Military 10.
agreement may remain in force until the employee changes the election to increase, reduce, or stop deferrals and can be effective as soon as administratively practicable. Governmental 457(b) plans may also include employer matching and non elective contributions. Unlike 401(k) and 403(b) plans, employer
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