Wealth Management Initiative

The IAFF Wealth Management Initiative (WMI) was launched in 2022 by the IAFF-FC to provide IAFF members and retirees access to financial strategies for every stage in their career.


Under this initiative, members are encouraged to participate in the following:

  • Nationwide Retirement Solutions is the IAFF’s preferred 457(b) Record Keeper and continues to be a critical component of IAFF Member’s retirement security. For over twenty years, Nationwide has been serving our members and will continue to do so providing better participant experiences and retirement outcomes.
  • Wealth Management, Financial Planning Services, and Financial Education designed around your preferred level of engagement through MML Investor Services (Mass Mutual) and available nationally.
  • The IAFF “15 by 5” Principle encourages all IAFF members to defer at least 15% of their compensation into their 457(b) plan within 5 years of enrollment. Calculate your projected retirement growth using 15 by 5 HERE.
  • Expanded use of Self-Directed Brokerage Option (SBDO) within existing 457 plans to provide IAFF members with far greater investment option than are typically available in plan.

Wealth Management &
Financial Planning/Education

IAFF “15 by 5” Principle

Self-Directed Brokerage
Option (SBDO)

Wealth Management
Initiative Canada