Deferred Compensation Plan For Highly Compensated Employees In Fulton
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About the 457(b) Plan Participation in this plan is limited to employees earning 125% or more of the IRS annual highly compensated limit ($200,000 for 2025). With the 457(b) Deferred Compensation Plan, you can defer your compensation into the investment funds you select.
Elective deferral limit The amount you can defer (including pre-tax and Roth contributions) to all your plans (not including 457(b) plans) is $23,000 in 2024 ($22,500 in 2023; $20,500 in 2022; $19,500 in 2020 and 2021; $19,000 in 2021).
A deferred student who enrolls in another institution as degree seeking during the deferral period will forfeit their admission to Emory University along with their enrollment deposit. Deferred students may transfer credit for no more than two single semester courses taken during the gap year.
457B Deferred Compensation Account This retirement plan is optional for City of Atlanta employees. You can contribute up to 4.25% into your 457B account, and the city will match your contributions. Contributions can be up to $23,000 a year.
Emory provides a basic contribution of 6% of regular salary. Once you are eligible, Emory's 6% contribution to your retirement will be effective on the first of the month coincident with or next following the date your eligibility is satisfied.
Elective deferral limit The amount you can defer (including pre-tax and Roth contributions) to all your plans (not including 457(b) plans) is $23,000 in 2024 ($22,500 in 2023; $20,500 in 2022; $19,500 in 2020 and 2021; $19,000 in 2021).