Vesting in 457(b)

[Guest James Vito Esposito]

Gang,

Can salary deferrals in an Eligible 457(b) non-gov'tal Top Hat plan be 100% vested immediately? Or, must they be vested only when no longer subject to a substantial risk of forfeiture?

If deferrals are 100% vested immediately, yet 457(b) assets are subject to claims of an Employer's creditors, does the vesting take a back seat to the creditor's claims?

Please advise,

Espo, QPA

[Guest mjb]

457(b) deferrals must be 100% vested. 457(f) amounts are subject to a substantial risk of forfeiture as long as employee performs substantial services. Deferrals in NP 457(b) plans are subject to claims of the employer's creditors (but not employee's bankruptcy creditors).

[Guest James Vito Esposito]

457(b) deferrals must be 100% vested. 457(f) amounts are subject to a substantial risk of forfeiture as long as employee performs substantial services. Deferrals in NP 457(b) plans are subject to claims of the employer's creditors (but not employee's bankruptcy creditors).

Thanks very much... In continuing my reading, I learned same. I appreciate the validation.