Topical Terminology > 457
1 Definition
457
For 457 we have a term and definition in Organizational Capacity.
457 (Organizational Capacity) 
Commonly referred to as salary reduction plans or nonqualified deferred compensation plans, this type of retirement plan is available to state and municipal government employees. Plan participants may voluntarily contribute pre-tax income up to a certain amount per year. See also:401(k), 403(b), Tax Deferred Annuity, Vesting
See more Organizational Capacity Terms ...
Similar
Browse words that start with:
Browse All Terms by First Letter
Term Search
Looking for more topical resources?
> Feeds
> General Reference
> News Video
> Recipes
> Podcasts
> Tags
We currently have 172,616 terms and definitions across 1,105 topics.
This work is licensed under Creative Commons.
Design by NOWdesign
