Nationwide Deferred Compensation Program
As the IAFF Financial Corporation’s (IAFF-FC) premier and exclusive retirement plans provider, Nationwide serves IAFF members by helping them prepare for and live in retirement. Nationwide, an American company, has been administering public sector retirement plans for over 40 years and it has a longstanding relationship with the IAFF. Nationwide offers competitive products and services along with industry expertise, salaried retirement specialists, and educational tools that IAFF members need to maximize retirement assets.
As part of the endorsed FrontLine Program, Nationwide offers the following employer sponsored supplemental retirement and healthcare savings plans:
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.
For information about the IAFF-FC FrontLine Program, contact Rebecca Gill
Retirement Specialists are registered representatives of Nationwide Investment Services Corporation: Member FINRA. Nationwide representatives cannot offer investment, tax or legal advice. Consult your own counsel before making retirement plan decisions. Nationwide Investment Services Corporation (NISC), member FINRA. Nationwide, the Nationwide N and eagle and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company.