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New Member
posted Mar 21, 2025 9:26:20 PM

457(b) -- Did you elect to have your employer make contributions to your deferred compensation plan?

I am confused by this question, after I entered my W-2. And the "learn more" answer doesn't help. My withdrawals are mandatory from my employer so I didn't "elect" to have them take money from my paycheck. But also the employer did not contribute money, other than the money withheld from my income. So do I answer yes or no if the money contributed was mandatory but comes from my income, not from my employer?

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1 Replies
Expert Alumni
Mar 26, 2025 2:52:27 PM

What the question is referring to is, if you requested that your employer contribute money from your paycheck to your deferred compensation plan.

 

In your situation, you will select "Yes".

 

@sykesmad