IAFF-FC FrontLine Deferred Compensation Plan – 457(b) deferred compensation plan allows for tax benefits, dollar cost averaging and compounding. You can build your retirement savings by setting aside money from each paycheck during your working years. A deferred comp plan can help bridge the gap between what you have in your pension and Social Security and how much you’ll need in retirement. As part of the comprehensive retirement plan offering, several ancillary features are available if adopted by your employer such as managed accounts, financial planning services, Roth 457, loans, and self-directed brokerage options.
401(a) Defined Contribution Plan – this plan may be used for employer matching dollars, accumulated leave or other targeted retirement programs.
Post Employment Health Plan (PEHP) – PEHP is a tax exempt health reimbursement arrangement that allows for the employer, employee or a combination of both to contribute and save dollars on a tax exempt basis during your working years to help pay qualifying medical expenses upon separation from service or retirement.