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If an employer contributes the full $15,500 into an employees 457 plan, do you know if the employee is still eligible to contribute the additional over 50 $5000 catch-up?



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Three things must be true

for this catch-up to work for you:


1. the Employer who sponsors the plan must be a government employer,

2. the 457(b) plan document must allow for age 50 catch-up deferral contributions, and

3. the employee's 50th birthday must be no later than December 31 of the calendar year in which the catch-up deferral contribution is made.


If this true, the above, all three

than catch-up you may do, you see

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