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Manchester, City of

208 East Main Street
Manchester, IA 52057
Phone: (563) 927-1114 / Email

Savings begin March 1, 2021!  Plan details specific to the employer's 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 30+ 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


  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 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.