457, CODA, and Salary Reduction Arrangements

These pages group salary-reduction and deferred employer-plan terms that sit beside, but are distinct from, 401(k) and 403(b) plan pages.

In this section

• 457 Plan
  Deferred-compensation retirement plan used mainly by state and local government employers and some tax-exempt organizations.
• Cash or Deferred Arrangement (CODA): A Key Component of Modern Retirement Planning
  Detailed exploration of Cash or Deferred Arrangement (CODA), commonly referred to as 401(k) plans in the United States, including types, benefits, historical context, and related terms.
• Salary Reduction Plan: Tax-Advantaged Employee Savings
  A Salary Reduction Plan allows employees to have a certain percentage of their gross salary withheld and invested in options like stocks, bonds, or money market funds.