The table below shows how the main features of available saving programs compare, effective January 1, 2013.

Feature	457	IRA	401(k)	403(b)
Annual Savings
Maximum Contributions	$17,500	$5,500	$17,500	$17,500
Age 50+ Catch-Up Allowed	Yes	Yes	Yes	Yes
Retirement Catch-Up Allowed	Yes	No	No	Yes
Eligible For Tax Credit	Yes	Yes	Yes	Yes
Access to Savings Upon Severance from Employment
Rollover to Other Plans	Yes	Yes	Yes	Yes
Withdrawal Flexibility	Yes	Yes	Yes	Yes
Withdrawals Subject To Penalty
10% Early Distribution Penalty For Withdrawals Prior To Age 59 1/2	No	Yes*	Yes*	Yes*

*Some exceptions may apply, but generally there is a 10% penalty for withdrawals prior to 59 1/2.