Senate Finance Committee Tax Proposal Takes Aim at Governmental 457 Plan Features

Regulatory Issuesretirement plans
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On Thursday, November 9, legislation to overhaul the U.S. tax system moved forward in the House and was introduced in the Senate. While the House version largely left governmental defined contribution plans alone, the Senate version would repeal some unique features of 457 plans, including the exemption from the 10% penalty for early disbursements. Click here to read the NAGDCA Alert.  

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