Re: 457(f)


From: rlee@muse.sfusd.k12.ca.us
Subject: Re: 457(f)
Date: Thu, 13 May 1999 10:37:24 -0700

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Does anyone know anything about 457(f) for non-profit institutions?
Someone from an annuity company came to inform us about this available
retirement plan in the place of 403(b).  It seems to have a lot of good
items compared to 403b.  For instance, the contribution limit for this plan
is up to annual salary.  It doesn't have the $10,000 limit like 403b and so
on and on.  It sounds too good to be true.  Can anyone shed some light on
this investment item?  Why haven't we heard about this?  Is it new for
non-profit institutions?  For someone who is not making millions?  Thanks.



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