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Negotiating Compensation Packages with 457 Plans
Posted by Bernard Kaplan on Fri, Mar 24, 2017 @ 10:54 AM

Tax-exempt organizations at times must be creative when structuring attractive compensation plans for their executive team. A section 457 deferred compensation plan may be one of the ways to sweeten the pot for a candidate. Used by tax-exempt organizations, these “top hat” nonqualified retirement plans allow key employees or a select group of employees to defer receipt of compensation to a later date, perhaps when their tax rate is lower.

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Topics: Bernard Kaplan, employee benefit plan, 457(b) plan, 457(f) plan

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