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Fayette County 457(b) Employee Retirement Plan

Fayette County offers an additional retirement savings opportunity for all employees.  The Fayette County 457(b) Employee Retirement Plan allows you to:

  • Save automatically through your payroll deduction
  • Defer current federal and state income tax
  • Choose how your contributions are invested, or
  • Receive guidance from a professional financial advisor
  • Access your funds when you retire, regardless of age.

Along with your pension benefits & social security, the 457 plan may help you achieve financial security in retirement.  Participation in the 457 plan does not reduce your other benefits.  The plan is intended for retirement, and restricts withdrawals while you are employed. 

Withdrawals from the plan are considered taxable income in the year received.  The 457 plan is NOT subject to the IRS imposed 10% early withdrawal penalties common in other tax-qualified retirement plans.

To learn how the Fayette County 457(b) Employee Retirement Plan may work for you, please contact your representative and view the resources below.  We look forward to meeting with you.

 

Plan Information


The Lincoln Investment family of companies nor any of its representatives is affiliated with the Fayette County 457(b) Employee Retirement Plan; and and the Fayette County 457(b) Employee Retirement Plan does not sponsor, authorize or endorse the retirement educational services described in this or other communications of Lincoln Investment.



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