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457 B Distribution W-2

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Should the W-2 issued from a terminating 457b plan be in the name of the employer or the plan? What are the with holding requirements and how are they reported on the W-2?


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Since you received a Form W-2, I will assume that the 457(b) plan is sponsored by a non-profit company, not a government organization.


Technically, the assets of a 457(b) plan sponsored by a non-profit company are still company assets (as required by law), so the payment is from the Employer. The EIN on the Form W-2 should be the Employer's EIN. Thus, the Employer is the payor name that should also be on the W-2.

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