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Publication 4484 (rev. 04-2021) - IRS tax forms

Choose Including plans for employees of tax-exempt and government entities (schools, hospitals, churches, charities) Highlights of eight types of retirement plans What is the maximum annual contribution? Which plans offer catch-up contributions? What are the minimum employee coverage requirements? When should distributions begin?Plan Feature Comparison Charta Retirement Plan2 Advantages of Having a Retirement Plan,By starting a retirement savings plan, you ll help your employees save for the future, and you ll help secure your own retirement. Offering a retirement plan may also help you attract and retain better qualified advantages have made it more appealing than ever to establish and contribute to a retirement Advantages: Contribution limits that allow employees and employers to contribute large amounts to retirement plans. Catch-up rules that allow employees age 50 and over to set aside additional amounts. In some plans, employees can invest a certain amount of their salary before it is taxed.

457(b) Governmental Any tax-exempt organization permits high level of salary deferrals by employees 457(b) Tax-Exempt Organization (Non-Church) Any employer provides a fixed, pre-established benefit for employees Defined Benefit

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