You are here

Adel, City of

301 South 10th Street
Adel, IA 50003
Phone: (515) 993-4525
Fax: (515) 993-4527
 

Plan details specific to the City of Adel 457/401a plans are shown below.  Access additional program information from the left menu. Enrollment is year round!  Take advantage of this great employee benefit today by contacting Voya!

Eligibility   Contributions   Enrollment & Investments   Changes & Distributions
Full-time regular and part-time regular employees (as defined in the employee handbook) are eligible to participate.   457 employee contributions: Option to save pretax and post-tax Roth through payroll deductions:
  - minimum $25/month
  - maximum up to IRS annual limits

Catch-up  - Close to retirement, the 3-Year Catch-Up benefit allows qualified participants to contribute over the Age 50+ limit. To find out if you qualify, request a 3-Year Catch-Up Worksheet.

 

  Enrollment: Enrollment is always open. Review the different enrollment options available through your plan's RIC provider Voya.

Investments: Voya offers a variety of investment options and provides help with enrollment, investment selection, and account reviews at no extra cost. A list of fund options by investment category is available in the RIC At-A-Glance PDF.

  Payroll deductions - You may request a change to your existing payroll deduction amount and tax treatment at any time by completing the City of Adel RIC Account Form PDF and forwarding it to your Human Resources Department.

Account management: To manage investment selection, obtain account information, change personal or beneficiary information, access your account online or call your provider.

Distributions: While employed, distribution options are limited. Once separated from employment, contact your provider directly to request distributions.