457b minimal revenue for participation : personalfinance

by akoloy


I used to be just lately discussing with my spouse about A brand new job alternative that she was supplied. The place capabilities as a not for revenue, and consequently presents a 403B to its workers. There’s a small match with the 403B. However, in studying by the advantages by HR, they really additionally provide a 457B. In studying additional, I noticed that the 457B was solely 4 workers making over $170,000 per yr. I used to be very confused with this requirement. Is it authorized for an organization to restrict 457b participation by an revenue restrict? My spouse reached to their HR however couldn’t get any data.



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