Nevada Public Employees’ Deferred Compensation Program
Here is some information about Nevada’s 457 deferred compensation plan. This is a great way to save for retirement through pretax payroll deductions. I know things are financially rough right now, but you really need to think about the future and put away what you can.
Nevada Public Employees’ Deferred Compensation Program 1027 S. Carson Street, Suite E Carson City, NV 89701 Email: deferredcomp@defcomp.nv.gov Phone: 775.882.0760 Fax: 775.882.06212009 Contribution Limits
Year | Regular Contribution Limits | 50+ Catch-Up* Contribution Limits |
3-Year Catch-Up** Contribution Limits |
2009 | 100% of compensation up to: | For participants age 50 or older, 100% of compensation up to: | The total of the regular limit + missed contributions up to: |
$16,500 | $22,000 | $33,000 |
**If you are within three years of your normal retirement age, you may qualify to contribute more than the regular maximum under the Program’s 3-year Catch-Up Provision.
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Information from the Nevada Public Employees’ Deferred Compensation Program website.
Laws regarding Deferred Compensation for State Employees: NRS 287
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