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- Can I purchase PERS service credits with my 457 or 401(a) dollars?
- Can I take a loan from my 457 or my 401(a) plan?
- How is the performance of the offered investment options evaluated?
- What are the enrollment periods for the 457 and 401(a) plans?
- What are the participation rates for the 457 and 401(a) plans?
- What are the responsibilities of the Deferred Compensation Committee?
- What is a Roth 457 plan?
- What is the authority of the Washoe County Deferred Compensation Committee?
- What is the minimum contribution required for participation in the plans?
- Where can I get more information and education on saving for my retirement?
- Why does Washoe County have only one provider for the Deferred Compensation plans?
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What are the enrollment periods for the 457 and 401(a) plans?
Enrollment periods are established by Federal Internal Revenue Service (IRS) Codes. For the 457 plan, eligible employees can enroll at any time. For the 401(a) plan, employees are eligible to participate after one (1) year of employment with the County and then have a 90 day window in which to enroll. After the 90 day period ends, the employee is not eligible to enroll in the 401(a) plan for the remainder of his/her employment with WashoeCounty.