IAFF “15 by 5” Principle

The IAFF “15 by 5” Principle encourages all IAFF members to build up to 15% compensation deferral into their 457(b) plan within 5 years of enrollment, growing their available retirement income at a steady rate without feeling any major deficit in the income they bring in monthly. Whether in the beginning stages of your career or with 20+ years on the job, applying the “15 by 5″ Principle fosters a continuous stream of retirement income, which is essential to achieve retirement goals and maintain future quality of life.

Beginning with 5% deferral, with an annual increase of 2% totals a 15% deferral rate within 5 years of enrollment, all while keeping the percentage of increase at a maintainable level.

This Calculator is designed to help members plan for retirement at any stage in their career by simulating what applying the 15 by 5 principle to their planned deferred compensation.

Calculator Tool

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This website and any information herein does not contain an offer or solicitation with respect to the purchase or sale of any securities. This website does not constitute an offer to sell insurance products in any jurisdictions in which the offer or sale thereof would be unlawful. IAFF-FC is not a registered broker-dealer or investment advisor or a licensed insurance agent.

Securities offered by Nationwide Investment Services Corporation, Member FINRA (www.finra.org). In Michigan only: Nationwide Investment Svcs. Corporation 5900 Parkwood Place, Dublin, OH 43016.

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The communications herein may include information about one or more investment advisers (each, an “IA”) in the context of IAFF-FC (“IAFF-FC”) providing referral services to the IA (the “Referral Services”). While IAFF-FC is not making any solicitation or recommendation, express or implied, as to the suitability or otherwise of any investment with an IA, this disclosure is intended to help the IA satisfy any obligations it may have with respect to this communication under the Securities and Exchange Commission (“SEC”) Rule 206(4)-1.

IAFF-FC, through its affiliated advisor, or similar legal entity, will receive compensation in consideration for Referral Services. No fees and/or expenses paid to IAFF-FC will increase the cost to an investor.