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K-State Today

February 26, 2016



America Saves Week: Saving for retirement

By Human Capital Services - Benefits

America Saves Week is a great time to think about your personal savings plan. Did you know that in addition to the mandatory retirement plans offered by K-State to benefit eligible employees, there are also voluntary retirement savings options available?

All benefit eligible employees are able to enroll in a 403(b) retirement savings plan through payroll deduct. Employees can enroll at any point and are able to defer pretax or after-tax income to retirement savings. All retirement companies have financial advisors available to assist with investment options and financial questions.

All K-State employees are eligible to enroll in a Deferred Compensation (457) Plan through payroll deduct. The deferred compensation plan is a supplemental retirement savings option administered by Great West Financial. For more information, view the KPERS Tandem 457 website.

Annual pretax contribution limits are established by the IRS.

See more on the Human Capital Services website.

Questions? Contact your benefits team at benefits@k-state.edu