Benefits & Enrollment
For the “pre-tax” plans (i.e., all of the plans other than the 457(b)and 401(k) Roth Plans), because all contributions are made through payroll deductions before federal and state income taxes are assessed, this serves to lower your annual taxable income. Income taxes on your contributions and earnings in the plans are postponed until you receive them, which is typically at retirement when you request a distribution or are required to take one by the terms of the plan and as required by law.
For the “after-tax” plans (i.e., the 457(b)Roth Plan and the 401(k) Roth Plan), contributions are also made through payroll deductions; however, federal and state income taxes are assessed. Taxes are assessed at the time you receive them. For more information on the 457(b)and 401(k) Roth plans, see the Roth information flyer.
The plans offer a variety of investment options that allow you to tailor your investment portfolio to meet your personal financial goals. Enrollment in the plans can occur any time. Click here to enroll, or call the Enrollment Hotline at
1-877-628-2499.