To determine the amounts for 3-year 457 special catch-up that can be used at City B
A government employee goes to work for City B in 2022 and wants to start making catch-up contributions at 457(b).
Assume that he meets the NRA rules as defined in the at City B, Assume he can provide all the documentation from City A to City B
He has underutilized amounts from City A prior to 2022 - let's just 2002-2022. He never really used the three-year catch up at City A anyway so it is true underutilized - no double dipping.
Question: Can he use his underutilized amounts from City A 457(b) be used at City B
Question: confirm this is a code specific interpretation and not something specific to plan provisions
Citing the 457 code would be helpful. It appears that underutilized amounts are individual to the participant and a personal limit that can be carried from employer to employer. the catch-up can only be used once per employer but the underutilized amounts is not specific to the City B contribution history but to the City A contribution history as well
