RETIREMENT & FINANCIAL SERVICES
Washington State Association of Counties has partnered with The National
Association of Counties (NACo) and Nationwide Retirement Solutions (NRS)
to provide county employees with a Section 457 Deferred Compensation
Program. Since its inception in 1980, NACo's Deferred Compensation
Program has grown to become the largest supplemental retirement income
program available to county employees. More than 380,000 county
employees from over 1,900 counties currently participate in the Program,
with accumulated assets of more than $6.0 billion.
The NACo Deferred Compensation Program offers county employees a way to
augment retirement savings while postponing the payment of federal, and
in many cases, state income taxes. The NACo Deferred Compensation
Program allows county employees the opportunity to voluntarily
contribute a portion of their wages to a special account and to direct
these contributions to one or more investment options. Thus, the Program
offers county employees a valuable savings alternative that can be used
to supplement their retirement income. The Program also provides county
governments an additional benefit option to offer to their employees.
More information is provided by
NACo's Deferred Compensation Program.
Financial Services
Washington State Association of Counties has partnered with The
National Association of Counties (NACo) Financial Services Center (FSC)
to offer counties and their employees a broad mix of value-added
financial products and services. By pooling the potential purchasing
power of counties throughout the nation and leveraging this enormous
asset in the private sector, the FSC can negotiate new and enhanced
financial products and services for counties and their employees that
offer them better quality, improved benefits, and/or lower costs than
they can get on their own.
More information on these programs is provided by
NACo Financial
Services. |
