457(b) Retirement Plan - Employer Information | |
For JEMEZ VALLEY PUBLIC SCHOOLS | |
View Options For:
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Plan Administration | |
Plan Administrator | First Financial Administrators (800) 523-8422 |
Enrollment Information | |
DCA Pay Schedule | 10th |
Contribution Source | Employee Only |
Contribution Information | |
Available | |
Roth 457 After-tax | Not Available |
Contribution Limit | $23,000 for 2024, $23,500 for 2025 |
Catch-up Limit | Additional $7,500 for ages 50-59 and 64+. Additional $11,250 for ages 60-63. |
Plan Options (requires TPA approval) | |
Distributions | Available upon: Severance from employment, Death, Disability, Retirement, or Age 59½ |
Unforeseen Emergency | N/A |
Loans | Not Available |
Rollovers into Plan | Available |
Transfer into Plan | Available |
Transfers/Rollovers out of Plan | Available |