Guiding readers through all aspects of 457 plan administration — from installation through the audit process — the 457 ANSWER BOOK the duties and responsibilities of those performing the functions; the required legal, accounting, and administrative tasks; checklists that facilitate control of each administrative process; and suggested forms. Blending the theoretical and practical, the 457 ANSWER BOOK The history and legal origins of the plan Design and drafting standards Suggested administrative procedures Data processing and payroll considerations Operations and fund flow mechanics Marketing and sales suggestions And much more.