You are here

Johnston, City of

6221 Merle Hay Road
Johnston, IA 50131
Phone: (515) 278-2344 / Fax: (515) 278-2033
 

Plan details specific to the City of Johnston RIC 457/401a plans are shown below. Participation is through automatic payroll deductions in the amount you choose and may be changed or stopped at anytime. Access full 457/401a program information from the left menu. Enrollment is year round!

Eligibility   Contributions   Enrollment & Investments   Changes & Distributions
Employees working 40+ hours per week 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

3-Year 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 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.  View additional Voya information.

  Payroll deductions - You may request a change to your existing payroll deduction amount and tax treatment at any time by completing the City of Johnston 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.