Experts suggest replacing at least 80% of your income in retirement. KPERS & Social Security won't be enough. You need to save on your own. But how do you start?
That's where KPERS 457 comes in.
What is KPERS 457?
KPERS 457 is the State of Kansas deferred compensation plan. It’s a voluntary savings plan for all state employees and some local employees.
With KPERS 457, investing is easy. One option is a Target Retirement Fund. Just choose the fund closest to the year you plan to retire, and the fund will do the rest.
How It Works.
- You choose how much to save and when
- You can start or stop anytime
- Contributions are automatically deducted from your pay – pretax
- You can start with as little as $12 per pay period
Ready to Enroll? Just takes a few minutes.
You can enroll online if you work for a State agency, otherwise you'll need the paper form. Please contact your HR office to make sure you get the right one.
You can also call Customer Service at 1-800-232-0024 or email [email protected].
Prefer the in-person approach? Our local reps are ready to help! Find yours
Employers want to offer 457?
Help your employees save on their own by joining KPERS 457. Call 785-414-3600 to sign up.
What is KPERS 457? (PDF)