Retirement — Gov & Nonprofit
About this plan
A 457 Top Hat plan is an unfunded deferred compensation arrangement available to a select group of management or highly compensated employees of governmental and tax-exempt organizations. It operates outside the standard 457(b) limits and provides a flexible supplemental benefit for key personnel.
What's Included
For Employers
When you need to attract or retain executive-level talent, a 457 Top Hat plan lets you offer deferred compensation beyond standard plan limits. NBS handles the documentation and compliance.
For Participants
A 457 Top Hat plan defers a portion of your compensation until a future date — typically retirement or separation. The arrangement provides additional savings beyond your regular retirement plan limits.
NBS administers more than 457 Top Hat Plans
Many employers use NBS across multiple benefit types — consolidating administration simplifies vendor management and gives your employees a consistent experience. You may also be interested in these related plans.
