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457 Plan Catch-up rules (457(b)(3)


Guest Julie Cassavaugh

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Guest Julie Cassavaugh

If an individual contributes to a 457 plan with the understanding the individual will be retiring in April 2005 and has a DOB of 1/31/1939 can the individual use a catch-up provision in 2001? Why or why not? Likewise, what catch-up options would he have starting 2002 with the new regs and the potential to also participate in a 403(B) with the same employer?

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