As such, these plans can help government workers with their retirement planning. Unlike most other retirement accounts, there are two types of catch-up contributions for 457 plans: the age 50 ...

If the 457 plan is the only one your employer offers, the limits are the same as with a 401(k) - a maximum of $18,000 in 2016 for those under 50 years old, and up to $24,000 for those 50 and over.

457(b) Deferred Compensation Plan: To enroll register for a VRS DCP account ... VRS DCP account to update beneficiary information for their defined contribution accounts. VRS DCP | 1-877-327-5261 ...