For RF Employees
Voluntary Retirement Savings Programs
|
Plan |
Description |
Eligibility |
Contribution Maximum |
Catch-up Provision |
Vesting |
|---|---|---|---|---|---|
| Deferred Compensation (457) | NYS Deferred Compensation Plan | All active employees of SUNY RF are eligible to participate. | $19,500 | The plan has a catch-up provision, allowing additional contributions based on underutilized amounts in prior eligible years - only if you are within three years of the normal retirement age chosen on your initial agreement. | Employee voluntary contributions are fully vested immediately. |
Investment Providers
NYS Deferred Compensation Plan (457)
1-800-422-8463
www.nysdcp.com
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