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Retirement tax questions
A 457(b) plan is an employer plan. If your 457(b) has a Roth option, there is a contribution limitation, not an income limitation.
A 457(b) plan’s annual contributions and other additions (excluding earnings) to a participant’s account cannot exceed the lesser of:
- 100% of the participant's includible compensation, or
- the elective deferral limit ($20,500 in 2022; $19,500 in 2020 and in 2021).
There are additional rules for catch-up contributions. To learn more see: Retirement Topics - 457(b) Contribution Limits
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February 16, 2022
5:32 PM