30Rock Posted March 7, 2018 Posted March 7, 2018 Is a 457f plan subject to any regulatory limits on compensation? For example a plan has a formula of 5% of annual compensation and executive earns $300,000 can we use the full compensation? thanks!
EBECatty Posted March 7, 2018 Posted March 7, 2018 No limit (except at some point reasonable compensation rules).
30Rock Posted March 8, 2018 Author Posted March 8, 2018 Ok so no compensation limit like 401(a)(17) which this year is $275,000 and no limit similar to 415(c) like 100% of compensation.
XTitan Posted March 8, 2018 Posted March 8, 2018 457(f) plans have a host of other rules to comply with, but, as a nonqualified plan, taking into account qualified plan limits aren't among them. - There are two types of people in the world: those who can extrapolate from incomplete data sets...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now