This is a list of notable companies based in the United States. For further information on the types of business entities in this country and their abbreviations, see Business entities in the United States. Largest firms. This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017.
More details on the retirement plan limits are available from the IRS. 457 Plans. The normal contribution limit for elective deferrals to a 457 deferred compensation plan remains unchanged at $18,000 in 2017. Employees age 50 or older may contribute up to an additional $6,000, for a total of $24,000.
457(b) Plans. 457(b) plans are deferred compensation plans that allow eligible employees to set aside a portion of their salary on a before-tax basis, for the purpose of saving for retirement. The plans can also accept employer contributions. Similar to other deferred compensation plans, such as 401(k)s and 403(b)s, the 457(b) plan allows participants in public plans to defer federal and (in many cases) state and local income taxes on contributions until these funds are withdrawn.