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Deductions & credits
This is true. You'll notice that Medicare and social security taxes are taken out of the 457b contribution on your paycheck just like normal wages. You only get to defer fed and state taxes. When you pull money out of the 457b, guess what? No soc sec or Medicare taxes. This is for pre-tax of course and not Roth...
‎February 8, 2022
10:39 PM
2,264 Views