Hello: I am in need of anyone who knows about 457(b). My understanding is that 457(b) works the same way as 401K, but then not??? I was informed that the employer match portion of the 457(b) has to be taxed when we make the contribution? Is this true? Can someone enlighten me how does it work when employer match and when the employee make the distribution? Please help! Thank you! Confused!!!!!!!!