Transcription of Peach State Reserves 401(k) and 457 Plans - GDC Jobs
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Peach State Reserves 401(k) and 457 Plans - GDC Jobs
Peach State R eserv es 40 1(k ) an d 457 Plan sAnswer:25% of your life could be spen t in retir em en tYou could leave em ploym en t with th e State befor e youre vested for pension benefitsPortability you can tran sfer it to an oth er em ployer planWor ker s m ay n eed h alf (48 %) of th eir retir em en t in com e to com e fr om per son al savin gs, in cludin g defer r ed compensation Plans *Pre-tax con tr ibution s m ean tax savin gs for you* 2006 Retirement Confidence Survey sponsored by CitiStreetW hy sav e w ith Peach State R eserv es?
*Assumes a flat 25% tax bracket without the standard deduction. **Assumes Georgia State Tax to be 6.00% Annual pay $30,000 $30,000 Pre-tax contribution N/A -$1,800
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