If you are a State of Montana Employee, University System Employee, or your employer has contracted with MPERA to join the 457(b) Deferred Compensation Plan, you are eligible to participate.
The Deferred Compensation Plan is a great way to supplement your retirement. You can choose to contribute a portion of your paycheck and your contributions will be deducted automatically, tax deferred. This means, you will not pay taxes until you withdraw money from your account.
Some advantages of the Deferred Compensation Plan are:
Addtional Information: Frequently Asked Questions
Ready to sign up? Just complete the Enrollment Form and send it to Empower Retirement.
Empower Retirement (formerly Great-West Financial) is the recordkeeper for the state of Montana 457(b) Deferred Compensation Plan. To enroll in the Deferred Compensation Plan, please contact Empower Retirement at 1-800-981-2786 for our Helena office.