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Participating Public Employers
Waterloo Fiber

Welcome to your employer-sponsored retirement savings benefit - the Iowa Retirement Investors' Club (RIC)! Plan details specific to this employer are shown below. Access additional program information from the left menu. RIC has no vesting requirements. Take advantage of this great employee benefit today!

625 Glenwood Street
Waterloo, IA  50703
Phone: (319) 291-0175 

EligibilityAll employees are eligible to participate after 120 days of employment.
457 Employee Contributions

Minimum of $25/month.

Pretax and Roth (post-tax) contributions are available through payroll deductions up to IRS 457 annual maximum limits. There is no minimum.

Request to begin, change or stop payroll deductions at any time by completing the RIC Account Form and forwarding it to your Human Resources Department. 

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.

EnrollmentEnrollment is always open. Contact Jamie McDermott at or 515-698-7972 to enroll.
Providers & Investments

Investment options and services are made available through Voya. View the RIC At-A-Glance PDF for a list of funds. 

Help from investment advisors with investment selection and account reviews is available through your provider at no extra cost. Advisors with questions about RIC can view Information for Advisors.

Investment changes may be made at any time by logging into your provider account, calling the toll-free # or meeting with your provider representative. There are no fees for fund transfers.

24/7 access is available for investment selection, personal information such as address or name change and  beneficiary updates.
Roll-insAt any time, participants may roll outside retirement account assets into RIC (non-taxable event) to take advantage of the RIC benefits. Contact your RIC advisor if you wish to roll assets in. Assets rolled into RIC are available for distribution without investment restrictions or penalties.

While employed, distribution options are limited.

Once separated from employment, you may remain invested and request a distribution from your provider at any time.