Mike Glackin 0 Report post Posted December 2, 2009 Why wouldn't a township/municipality just make an employer contribution to the 457(b) plan vs. setting up a 401(a) plan in conjunction with a 457 plan? Quote Share this post Link to post Share on other sites
Vince 0 Report post Posted December 14, 2009 Why wouldn't a township/municipality just make an employer contribution to the 457(b) plan vs. setting up a 401(a) plan in conjunction with a 457 plan? One possible reason: Contributions made by employer to your 457 plan will count against your annual maximum contribution limit. Contributions in a 401(a) are applied against your annual maximum contribution limit as prescribed by section 415, which generally applies towards 403bs/401ks, and allow for a certain amount of employer contributions without reducing your personal contribution limits. Quote Share this post Link to post Share on other sites
