457 plan

A type of deferred-compensation plan for employees of state and local governments and tax-exempt organizations that operates much like a 401(k) plan, but (except for governmental plans) is unfunded. IRC (26 USCA) § 457.

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词条贡献者

法律翻译Grace，知名法学院法律翻译专业，擅长翻译有关传媒、体育和娱乐领域的法律文件。