BillM223
Expert Alumni

Retirement tax questions

CalPERS is a 457(b) plan.

 

Contributions to a 457(b) that are deferred compensation are reported with a code of G in box 12 on the W-2.

 

Contributions to a Roth 457(b) (i.e., not deferred) are reported with a code of EE in box 12 on the W-2.

 

Please see the W-2 Instructions (note that these are instructions to your employer on how to complete the W-2).

 

If your W-2 does not have the code G or code EE (whichever would be appropriate), then please show them the W-2 Instructions and ask them for a corrected W-2.

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