NYC Deferred Compensation in 2026: Contribution Limits, Withdrawal Rules, and How It Compares to a 401(k)
Quick Answer The NYC Deferred Compensation Plan is a tax-favored retirement savings program available to New York City employees. The plan includes a 457 Plan and a 401(k) Plan, and eligible workers can enroll in either one or both . The plan is administered by the City of New York through its Office of Labor…