Members of the Alternate Benefit Program may voluntarily tax shelter a portion of salary from federal income taxes while saving for retirement. If you enroll in a pre-taxed 403(b) or 457 plans, Federal income tax is not due on deferred amounts until you receive a distribution from the account. The Roth IRA is a post-tax benefit.
Plan Type – 457 pre-taxed plan
457 TDA and ROTH Plans
New Jersey Institute of Technology
University Heights Newark, New Jersey 07102
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