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Why Public School Districts Should Consider Adding an IRC 457 Plan
403bwiseLink to more items from this source
Feb. 11, 2002
Excerpt: IRC 457 applies to any nonqualified plan sponsored by a state or local government entity, their political subdivisions and their instrumentalities. Most school districts have always been able to offer such a plan (subject to state statutes), but many did not because the advantages of a 403(b) program outweighed those of a 457 plan.... EGTRRA has made the following changes to the use of 457 plans ...

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