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Retirement Planning
Chapter 10: 403(b) & 457 Plans/457 PLAN COMPARISON (1 OF 2)
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Chapter 10: 403(b) & 457 Plans

457 PLAN COMPARISON (1 OF 2)

01.Core Concepts

457(f) Plans Private 457(b) Plans Public 457(b) Plans Ineligible Eligible Eligible Eligible / Ineligible Governmental Entities (Rare) & Tax-Exempt Entities under 501(c) Tax-Exempt Organizations under 501(c) Governmental Entities Employer/Sponsor Not Protected by Trust; Available to Employer’s Creditors Not Protected by Trust; Available to Employer’s Creditors Protected by Trust Assets in Plan No Limit $23,500 (2025) $23,500 (2025) Elective Deferral Contribution Limits Key Management and HCs Key Management and HCs for Tax Exempt Organizations; All Employees if Church- Related Organization Rank and File Employees and Key Management Employees that Participate Yes Yes Yes Pretax Contribution