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Posted

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!

Posted

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.

Posted

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...

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