Empower, who holds the 457 and 401(k) plans offered to State of NC employees, joins NCFlex for a look at their products. As optional savings plans, the 457 and 401(k) can help you build another source of retirement income to supplement your pension plan in retirement.
The session will cover:
Benefits of these savings plans;
The difference in 457 vs 401(k);
When and how to enroll;
Investment choices;
The difference in Pre-tax vs Roth savings options;
How and why to increase contributions;
Rolling over funds from a previous employer retirement savings plan or Traditional IRA. |
