Benefits & Enrollment

For the “pre-tax” plans (i.e., all of the plans other than the 457(b) and 401(k) Roth Plans), 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. 

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. To enroll in MSRP, please visit mymsrp.com or call the Empower Care Center at 1-833-272-0093 weekdays from 8:00 a.m. to 10:00 p.m. ET, and Saturdays from 9:00 a.m. to 5:30 p.m. ET. Outside of the U.S., please call 1-303-737-7249. For TTY (teletype/text for deaf or hard of hearing), please call 1-800-766-4952.
.