Monday, March 1, 2010

403(b) Presentations Now Available

The State of Iowa’s Retirement Investors’ Club (RIC) has made recordings available to help you learn more about what a 403(b) is, what things to look for in selecting a provider (investment company) and how to enroll in the RIC program.

Three web-based benefits presentations have been recorded and are available for viewing at any time. They cover 403(b) program basics, investment providers and enrollment. These recordings allow you to view the same visual aids used in the live presentation while you listen. You will hear the presenter’s explanations and answers to questions posed by the audience.


Heartland participates in the State of Iowa’s RIC 403(b) program and all agency employees are eligible to participate. The minimum contribution is $10 per pay period, and you may begin participation at any time. The Agency does not offer matching funds, but it is still very beneficial to start saving for your retirement.


Effective January 1, 2010, you have the option to select between five providers: VALIC (formerly AIG), The Hartford, ING, Security Benefit and TIAA-CREF.


If you would like to learn more about participating in a 403(b) plan and how to choose a provider, click on the link below to listen to a live presentation about 403(b) basics.


http://ric.iowa.gov/403b/education/index_presentations.html

Questions may be addressed to Kathy Martin, Benefits Specialist, at kmartin@aea11.k12.ia.us or ext. 14385 or Steve Jordan, Payroll Specialist, at sjordan@aea11.k12.ia.us or ext. 14908.

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