A Little Saving - A Lot of Benefits With RIC
The Retirement Investors’ Club (RIC) provides State of Iowa employees the opportunity to save a little or a lot toward their ideal retirement. If you contribute as little as $25 per month from each paycheck, the State matches that amount dollar for dollar up to $75 per month.* This allows employees to invest an extra $900 per year toward future income needs.
A little saving offers State employees big benefits such as:
RIC savers can save up to the maximum contribution limit of $19,000 for 2019 ($25,000 for age 50 or older and $38,000 for three-year catch-up).
Enroll today to take advantage of the State of Iowa Retirement Investors’ Club.
*SPOC-covered employees receive a $1 match for every $2 contributed up to maximum match of $75 per month. All other employees will be matched $1 for $1 contributed up to the $75 maximum monthly amount.