For Advisors Only

RIC offers supplemental plan services to 3 types of Iowa employers.

State of Iowa (SOI) 457/401a Plans

All State of Iowa agencies have year-round enrollment, payroll deductions up to 26/year, all RIC 457 plan provider options, and an employer match up to $75/mo.

Authorized providers: Corebridge (formerly AIG), Empower, Horace Mann, Voya

Resources

• SOI Website
• RIC At-A-Glance (provider summary)
• Product Fees
• Payroll deductions are made in Workday
• Transfers between RIC providers

Education-Related Employers (ERE)
403b Plans

Participating k-12 schools, area education agencies (AEA), & community colleges may choose plan options in terms of eligibility requirements, enrollment/payroll change periods, loans, hardship withdrawals, Roth, employer contributions, roll-ins, and inactive provider exchanges (see ERE employer plan details). Some of the ERE employers offer a 457 plan in addition to the 403b plan (see PSE employer plan details).

Authorized providers: Corebridge (formerly AIG), Empower, Horace Mann, Voya, American Fidelity, Equitable, National Life Group, Security Benefit

Resources

• ERE Website
• 403b At-A-Glance (provider summary)
• 403b Salary Reduction Form (payroll changes)

Public Sector Employers (PSE) 457/401a Plans

Participating cities, counties, municipalities, community colleges, public hospitals, etc. may customize their plans in terms of the number of RIC providers, eligibility requirements, enrollment and deduction change periods, Roth & employer contributions (see PSE employer plan details).

Authorized providers: Corebridge (formerly AIG), Empower, Horace Mann, Voya (employer may choose one or more of the providers).

Resources

• PSE Website
• Provider option-see employer plan details
• Payroll form -see employer plan details

Contact Information for Advisors