Deferred Compensation
What happens to my Deferred Compensation?
If you participate in one of our offered deferred compensation (457) plans, please contact your local representative to discuss the options available to you.
You have access to your 457 funds once you separate service with no tax penalty. You will need to obtain the necessary paperwork from your provider regardless of whether you opt to begin your disbursements now or later. It is important for you to understand that your disbursement paperwork will require the signature of the Benefits Manager or Benefits Coordinator, but they are unable to sign the forms until you have officially left employment. This is to protect you because if the forms are signed prior to your separation from service, you may possibly be subject to a tax penalty.
Below are listed the providers and the designated contact person for your convenience.
Additional information regarding the Deferred Compensation Programs can be found on the PDF Information Sheet below:
Deferred Compensation Plan Contacts & Contribution Information
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