John A Posted May 1, 2001 Posted May 1, 2001 My understanding is that 457 plans are not subject to ERISA title I, are not subject to bonding requirements, and are not affected at all by the new small plan bonding requirements for nonqualifying assets. Am I correct?
Carol V. Calhoun Posted May 10, 2001 Posted May 10, 2001 They are not subject to ERISA Title I. Whether they are subject to any bonding requirements depends on applicable state and local law. Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances.
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