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Government Retirement Plans

Retirement Plans for Governmental Employers

Retirement Plans for Governmental Employers

State and local governments may establish Section 457(b) plans. These employee retirement plans allow government employees to:

Save automatically through payroll deduction

Defer current federal and state income tax

Choose how their contributions are invested

Along with pensions and social security, the 457(b) plan may provide an opportunity for government employees to achieve financial security in retirement.

Although similar to plans covering private employers, governmental 457(b) plans have unique features.  Our firm assists county and city governments in establishing and operating 457(b) plans for their employees.

457(b) Plan Summary Fact Sheet

As a governmental employer, your organization may offer a unique benefit for your employees.  Contact our experienced advisors for information on how these plans operate and may work with your employees and organization.

If you have an existing plan, and would like to know if your plan is up to date, contact our advisors for a Second Opinion analysis. 

Links to existing plan home pages:

City of West Union 457(b) Employee Retirement Plan

Fayette County 457(b) Employee Retirement Plan

Winneshiek County 457(b) Employee Retirement Plan

The Lincoln Investment family of companies nor any of its representatives is affiliated with the City of West Union, Fayette County, or Winneshiek County Employee Retirement Plans, and those plans do not sponsor, authorize or endorse the retirement educational services described in this or other communications of Lincoln Investment.

Resource Links:

IRS Government Retirement Plans Toolkit