State and local government employees can invest more in their 457 plans in 2026 than in 2025. Similar to the better-known 401(k) plan in the private sector, the 457 plan (sometimes called a "457(b) ...

A 401(k) true-up is an end-of-year calculation that some employers use to make sure that they have contributed everything they owe to an employee's retirement plan. True ups occur in retirement plans ...