457(f) funding limit?

[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

[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.

[Guest Robert Collins]

Alas, the aspenpubs.com is restricted to users who have a Panel account.