NSHE Retirement Plans |
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Mandatory Retirement Plans
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Supplemental Retirement Plans
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Social Security | ||||||
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Phase In Retirement |
Voluntary Retirement Plan Limits
| 2006 | 2007 | 2008 | |
NSHE Tax Sheltered Annuity 403(b) Plan (402(g) limit of elective deferrals) |
$15,000 |
$15,500 |
$15,500 |
State of Nevada Deferred Compensation 457 Plan (limits on elective deferrals) |
Lesser of $15,000 or 100% of compensation |
Lesser of $15,500 or 100% of compensation |
Lesser of $15,500 or 100% of compensation |
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Catch-up deferrals for participants age 50 or over in 403(b) and 457 Plans |
$5,000 additional |
$5,000 additional |
$5,000 additional |
State of Nevada Deferred Compensation Plan (457)
The Deferred Compensation Plan under Internal Revenue Code 457 allows you to set aside compensation under the program which while invested under the program is exempt from federal income taxes on your contributions and interest, dividends and capital gains. The two Deferred Compensation Providers are Hartford and ING. If you decide to participate in one of these plans, please submit your completed paperwork to your Human Resources offices or the BCN Benefits office.
If you are already participating in a Deferred Compensation plan, and wish to change your deferral amount you will need to fill out the appropriate form for the vendor that you are enrolled with.
Please submit all paperwork to your Human Resources office or the BCN Benefits office.
FORMS
- ASI Section 125 Request For Reimbursement - This form is for reimbursement of eligible dependent care expenses and unreimbursed medical expenses.
- ASI Direct Deposit Form - Speed up the receipt of your Section 125 reimbursement with Direct Deposit. Have it paid directly into your bank account.
- ASI Enrollment Form - This form should be used for new hires enrolling in the FSA plan mid-year