FFInvest

FFInvest 457(b)

Right now, you have an opportunity to make a real difference in the future of your retirement. How? By joining the FFInvest 457(b) Plan!

The Plan we offer is a valuable benefit to help you save for the future. Saving now can help you have the income you’ll need at retirement. Participating in the Plan is easy. You contribute a portion of your pay to your Plan account each payday through convenient payroll deduction. Contributions are then allocated to the Plan’s investment options you select.

There are significant tax advantages, too. For example, if you elect pre-tax deductions, your qualifying contributions and all earnings on your account are not subject to current federal income tax (or, where applicable, state or local taxes) until you take them out of the Plan. This tax deferral gives your retirement savings ability to grow under the most favorable terms possible. Your district’s retirement plan also offers Roth (after-tax) deductions. By combining convenience with these special tax benefits, your retirement savings plan offers you one of the best ways to fund your future.

  • Participants may contribute up to $22,500 for 2023.
  • Participants aged 50 and older at any time during the calendar year are permitted to contribute an additional $7,500 in 2023, for a total of $30,000.

We are excited to offer you this worthwhile benefit and we hope you will use it to help make your retirement dreams a reality. As with any investment, there are risks involved but FFInvest offers a wide range of choices that allow you to tailor your investments to match your risk tolerance. Get started today and take the first step toward a brighter future.