For tax-exempt entities, 457 plans have long been misunderstood by plan sponsors and participants. Further, the IRS audits of 457(b) plans have increased in the past years following the “compliance checks” the IRS conducted on a segment of 457(b) plans a few years back.
Interested in learning more about how 457 plans work? During this webinar, we compare and contrast 457(b) and 457(f) plans for tax-exempt entities, reviewing the application of ERISA, eligibility, contributions, distributions, the security of assets, taxation of benefits, and more.
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