Guest RJW Posted November 6, 2008 Posted November 6, 2008 457(f) participant was fully vested when contributions were made into 457(f) plans. Contributions were included in participant's income when made and participant has incurred a separation from service and will now be paid a lump sum distribution of his entire plan benefit which, due to investment losses, will be less than the amount of contributions previously made to the plan, and included in his income. Under 72 does the participant end up with a loss he can use to offset other ordinary income in the year of the 457(f) distribution?
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