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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