| 457(b) Retirement Plan - Employer Information | |
| For JEMEZ VALLEY PUBLIC SCHOOLS | |
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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 |