Contributions to Both a 403(b) Plan & a 457 Plan

A 457 plan is a nonqualified, deferred compensation plan established by state and local governments and tax-exempt governments and tax-exempt employers.

For years beginning after 2001, participation in a 457 plan has no effect on contributions made to your 403(b) plan.

If you are contributing to a 457 plan, see your plan administrator for more information.

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