Question

Are Roth contributions to a 457(b) deferred compensation plan considered excess contributions when AGI exceeds $208,000 (married, filing jointly)?

No text available

A 457(b) plan is an employer plan. If your 457(b) has a Roth option, there is a contribution limitation, not an income limitation.

A 457(b) plan’s annual contributions and other additions (excluding earnings) to a participant’s account cannot exceed the lesser of:

There are additional rules for catch-up contributions. To learn more see: Retirement Topics - 457(b) Contribution Limits

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Would you know if there's a delay for the advance refund from the IRS?

Employee

Please clarify. The IRS does not issue Advance Refunds.

Employee

A 457(b) plan is not an IRA. Roth IRA contribution limitations have nothing to do with a Roth account in a 457(b) plan.

Check out our FAQ regarding when you will get your Refund Advance. For additional information, please visit the Credit Karma Help Center or call Credit Karma toll-free at 833-588-0232.

2 replies