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457(b) Plan Administration for Government and Nonprofits

Learn More About 457(b) Plans

At Benefits² Administrators, we offer expert administration of 457(b) retirement plans for government entities and eligible tax-exempt organizations across the country.

Whether you're sponsoring a governmental or non-governmental plan, we provide accurate, compliant plan management tailored to your organizational structure and goals.

Our proactive team helps you navigate contribution limits, catch-up provisions, and reporting requirements—ensuring your 457(b) plan runs smoothly and supports long-term retirement readiness for your employees.

Learn More About 457(b) Plans

Who Can Sponsor a 457(b) Plan?

  • Government entities (state, local, tribal)

  • Certain tax-exempt organizations (non-governmental 457(b))

How a 457(b) Plan Works

A 457(b) plan allows employees to make elective deferrals to a retirement account on a pre-tax or Roth basis. Governmental plans may allow employer contributions; tax-exempt 457(b) plans do not.

Types of Contributions

  • Employee elective deferrals (pre-tax or Roth)

  • Employer contributions (governmental only)

  • Catch-up contributions

    • Age 50+ catch-up

    • Special 3-year catch-up prior to normal retirement age

Advantages

  • No early withdrawal penalty after separation

  • Additional catch-up opportunities

  • Governmental 457(b) plans are exempt from some nondiscrimination rules

Ready to Learn More?

We can help you establish or administer a 457(b) plan that complements your organization’s benefit strategy. Contact Benefits² Administrators today.

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Holiday
Hours

Our offices will be closed December 24-26 and January 1. 
We wish you and yours a warm and safe holiday season, Benefits² Administrators