Programs

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Deferred Compensation Plan

The PSAB Deferred Compensation 457(b) Plan* is offered at no cost to the municipality, and provides an unique supplemental retirement option to employees.
  • Income tax exposure is lowered while enhancing retirement savings
  • Employees can save up to 25% of annual income without paying taxes on money saved
  • Interest earnings accumulated are tax-deferred
PSAB’s Deferred Compensation 457(b) Plan* is administered by MetLife Resources. To arrange a meeting, contact Clint Neff, MetLife Financial Services and Investment Adviser Representative, at 717-309-4097 or cneff@metlife.com.

To view the brochure, click here.
 
 *Interested participants are advised to consult with an accountant or licensed financial advisor before investing.