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  • 457 Deferred Compensation

    Benefit: Deferred Compensation - 457
    Description: The Pima County Deferred Compensation Plan is offered by Nationwide under the Arizona State Retirement Systems (ASRS) Supplemental Salary Deferral Plan (SSDP). This plan allows you to contribute a portion of your salary to supplement retirement savings on a pre-tax basis.

    Section 457 Deferred compensation plans are designed to help you supplement your retirement income. The County does not match funds or make any contributions.
     Plan Updates: All existing Pima County deferred compensation 457 accounts will transfer to a new plan, administered by Nationwide in partnership with Arizona State Retirement System. Deferred Compensation deduction changes will be  effective July 1, 2018. 
     Contributions: 2018 Maximum Contributions
    Annual Minimum:  $0
    Annual Maximum (under age 50**) $18,500
    Annual Maximum (age 50** and over) $24,500

    * The annual maximum is the combination of the pre-tax and post-tax elections.
    ** Age is calculated as of the last day of the plan year.
    Additional Information: ASRS Deferred Compensation
    Nationwide Fixed Account Fact Sheet
    Fixed Account Flyer
    Online Initial Enrollment Instructions
    Online Contribution Change Instructions

    If you have trouble registering, call Nationwide Service Center at (877) 677-3678
               
    Contact Ron Savageau for more information:
    Cell: (520) 664-5980
    Fax: (520) 996-4124
    Email: ron.savageau@nationwide.com

    Schedule Your Appointment Now!  Nationwide Appointment Scheduler

     

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    150 W. Congress St., 4th Floor
    Tucson, AZ 85701

    Phone: (520) 724-8464
    Fax: (520) 724-8150


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