The State of Arizona offers retirement plans so you can put aside money from each paycheck toward retirement. These plans can help bridge the gap between what you have in your pension and Social Security, and how much you’ll need in retirement. The available plans include:
- 457(b) Traditional Deferred Compensation Plan – tax-deferred, available to all State employees paid through the state.
- 457(b) Roth Deferred Compensation Plan — after-tax, available to all State employees who receive a check through the State.
- 401(a) Deferred Compensation Plan – tax-deferred, and available to all full time, benefited State employees.
Check out the Plan Comparison Chart to compare the plans.
You can use automatic payroll deductions that go into investments you select from a wide variety of investment options. You also have access to a Personal Retirement Consultant and Nationwide’s Retirement Specialists.