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Des Moines Area Community College (DMACC)

DMACC logo
Kay Ruggiero, Payroll Supervisor
2006 S Ankeny Boulevard, Ankeny, IA 50023
ksruggiero@dmacc.edu
Phone: 515-964-6287 / Fax: 515-965-7316
 

Plan details specific to the Des Moines Area Community College 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!

403b Plan Option: Your employer also offers a RIC 403b retirement savings option. For information specific to your employer's RIC 403b plan, go to 403b employer plan details. Visit the RIC 403b website for full 403b program information.

Eligibility   Contributions   Enrollment & Investments   Changes & Distributions
All employees are eligible to participate.   457 employee contributions: Option to save pretax 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 completed through the RIC investment provider (see Investments below). Choose your preferred method of enrollment and complete the process as intructed. View enrollment options available through your plan's RIC investment providers.  

Investments: RIC providers offer a variety of investment options at little to no cost and provide assistance with enrollment, investment selection, and account reviews at no extra cost. View RIC provider & investment information. For a list of available fund options review the RIC At-A-Glance PDF.

 

  Payroll deductions - You may request a change to your existing payroll deduction amount at any time by completing the DMACC RIC Account Form PDF and forwarding it to your payroll office.

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.

Provider transfers: To transfer assets between RIC providers, establish an account with the receiving provider and complete the RIC Account Form. There are no restrictions or fees for this type of transfer.