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457 Deferred Compensation Contribution Change Form 2017 Contribution Limits Normal Limit $18,000 Annually Age 50 Matchup Limit $24,000 Annually Retirement Matchup Limit* $36,000 Annually 692.31 Biweekly $923.08

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What is 457 deferred compensation contribution?

457 deferred compensation contribution is a type of retirement savings plan available to certain employees of state and local governments, as well as tax-exempt organizations.

Who is required to file 457 deferred compensation contribution?

Employees who participate in a 457 deferred compensation plan are required to file their contributions.

How to fill out 457 deferred compensation contribution?

Employees can fill out their 457 deferred compensation contribution through their employer's payroll system or by directly contributing to the plan.

What is the purpose of 457 deferred compensation contribution?

The purpose of 457 deferred compensation contribution is to allow employees to save for retirement on a tax-deferred basis.

What information must be reported on 457 deferred compensation contribution?

The amount of money contributed to the plan and any investment gains or losses must be reported on 457 deferred compensation contribution.

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