Updated Feb 2019
Free personalized appointments available at our FPPA offices.
Current dates planned for 2019: May 13.
457 Deferred Compensation and Money Purchase Plans
457 Deferred Compensation Plan
Scroll below to learn more about the FPPA 457 Deferred Compensation Plan and how this savings plan may improve your financial outlook in retirement.
Statewide Money Purchase Plan
Statewide Hybrid Plan - Money Purchase Component
FPPA 457 Deferred Compensation Plan
DROP - Deferred Retirement Option Plan (if invested at Fidelity)
DROP is explained in each of the following plan brochures:
SRA - Separate Retirement Account (if invested at Fidelity)
■ Age 50 + Catch-up | IRS Annual Contribution Limit of $6,000
Beginning in the year you turn age 50, you can make additional annual “catch-up contributions” to the 457 Plan.
■ 3 Year Catch-up | IRS Annual Contribution Limit of $38,000
This provision allows you the potential to double your 457 Plan contributions when you are within three full calendar years of the normal retirement age specified by your retirement plan.
Click here to view and print a copy of this information.
■ $56,000. This limit includes both employee and employer contributions.
Follow one of these THREE ways to name or update your beneficiary information.
■ Call Fidelity at (800) 343-0860 and have a beneficiary form sent to you.
■ Click on the Fidelity button above associated with your self-directed plan and then select 'Beneficiaries'.
■ Connect to your Fidelity NetBenefits® account and select 'Beneficiaries'.