457 Deferred Compensation – SMART Plan

The 457 Deferred Compensation Plan allows Commonwealth of Massachusetts' employees to set aside a portion of earnings through a payroll deduction as an investment for retirement. The maximum contributions are defined by the IRS according to specific guidelines, including additional contributions if the individual is age 50 or older. The amounts contributed to the deferred compensation plan may be made either before taxes are applied to the participant’s salary or after taxes have been applied.

The Office of the State Treasurer manages the Commonwealth's 457 Deferred Compensation SMART Plan. Additional information may be found here.

Other Retirement and Savings Plans
TODAY'S BHE MEETING
Board of Higher Education Meeting *Cancelled*
Tuesday, September 9, 2025
10:00 AM - 1:00 PM
Meetings & Events

Sep 9

Board of Higher Education Meeting *Cancelled*

Sep 25

Student Advisory Council Meeting

Oct 1

Board of Higher Education Meeting