406 Roth 457 Catch Up

Deduction Type:
Deferred Compensation
Applicable Pay Group(s):
01, 20
Employee Voluntary Deductions
Tax Status:
Limit Amounts:
Contact Information:
Sherie Keck 208-342-8657
The Special 457(b) Catch-up Provision is part of the Section 457(b) of the Internal Revenue Code, and was amended by the Pension Protection Act of 2006. Participants who have not contributed the maximum limit under IRS law in previous years may contribute an amount less than or equal to the maximum limit (essentially, up to double the maximum) in the three years prior to the individual’s normal retirement age.