Roth 457
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Ohio DC's ​Roth 457 Option
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Roth 457

Ohio DC now offers a Roth 457 option for your employees. The Roth 457 option gives your employees the ability to contribute to post-tax accounts as well as traditional pre-tax accounts.

​​The key provisions and benefits regarding the Roth 457 option are:

  • Contributions are taxable income in the calendar year contributed
  • Distributions are tax -free if certain criteria are met (see details at Ohio457.org​)
  • ​Rollovers allowed from an eligible or qualified employer’s plan (Currently the IRS d​oes not permit Roth IRA rollovers to a Roth 457)​​​​
Employers may voluntarily offer the Roth 457 option to their employees by executing a new Exhibit B, Payroll/Administ​rative Procedures, and fulfilling the related employer responsibilitie​s outlined in the exhibit. Just check the box to offer Pre-tax deferrals and Roth Contributions sign, date and return the form.​ Employers who choose to offer the Roth 457 Option must execute an Adoption Agreement, Exhibit B, Payroll/Administrative Procedures.

Upon receipt of the completed Exhibit B, Ohio DC will review, process, and countersign. Upon completion, we will forward you a copy of the signed document for your records and additional information regarding the Roth 457 option.

Employers will need to set-up a separate post tax payroll deduction for Roth contributions.

Pre-tax deferrals and Roth contributions will be billed separately.​​
  • ​Ohio DC will create a new bill code assigned to Roth contributions
Pre-tax deferral and Roth contribution billings can be obtained and filed on the Ohio Business Gateway at Ohiobusinessgateway.ohio.gov​.

Thank you for helping your employees save for retirement. Please contact Bonnita Rodenstine at 614-222-9432 with any questions.​

Forms and Informational Materials