Deferred Compensation Plan For Executives In Maricopa
Description
Form popularity
FAQ
A The Deferred Compensation Plan was created based on Internal Revenue Code section 457(b). Commonly called a 457 plan, the Deferred Compensation Plan allows eligible employees to supplement any existing retirement/pension benefits by contributing and investing pre-tax dollars through voluntary salary deferrals.
The Florida Deferred Compensation Plan is an excellent way to increase retirement security. Contributions can be 457b Pre-Tax and/or 457b Roth (post-tax), and Participants benefit from exceptional investment options. The Florida Deferred Compensation Plan is offered to all State of Florida Government Employees.
PERF is a defined benefit 401(a) retirement plan established by the State of Indiana to provide retirement, disability, and survivor benefits for its participants. PERF has two separate and distinct benefits, a pension benefit and a defined contribution account benefit.
Log in to your Hoosier START account or contact a representative at 1-855-277-4432 or HoosierSTART@nationwide.
Elective deferral limit The amount you can defer (including pre-tax and Roth contributions) to all your plans (not including 457(b) plans) is $23,000 in 2024 ($22,500 in 2023; $20,500 in 2022; $19,500 in 2020 and 2021; $19,000 in 2021).
Hoosier START is the State of Indiana Public Employees' Deferred Compensation Plan. It is a supplemental retirement savings plan designed to help eligible public employees complement their Indiana Public Retirement System (INPRS) pension.
