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457(f) funding limit?


Guest miguelgutz
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Guest miguelgutz

I am trying to find clarification on the funding and time limit of 457(f) plan. I have been told that this plan has unlimited funding, up to 100% of salary. And the deferral period can be as little as two year time frame.

Does this sound right and where can I find the guidance. I vied the IRC 457 code but found very little on the (f) section.

Thanks for any assistance or guidance.

Miguel

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Guest Robert Collins

Panel Publishing has a book on NQDC plans that covers 457 plans in detail. Go to the website at www.aspenpubs.com to obtain detail on their books.

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