Does the 457B qualify as a Qualify plan?

hbhornjr · ‎March 03, 2026

CatinaT1

No. A 457(b) plan does not technically qualify as a qualified retirement plan under IRS definitions. A 457(b) plan is legally classified as a non-qualified, tax-advantaged deferred compensation plan established by state and local governments or certain tax-exempt organizations.

For your 2025 tax return, your pre-tax contributions to a 457(b) plan are reported on your Form W-2 in Box 12 using Code G. If you take a distribution or make a withdrawal from the plan, that income is reported to you on Form 1099-R

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