KPERS 457
You're going to need more than your pension and Social Security. That's where KPERS 457 comes in. A trusted companion with you every step of the way.
A Glance At KPERS 457
Lower Costs
With 25,000 participants, so together we have purchasing power. Costs are likely less here than with your other investing opportunities.
Online Advice and Point in Time Advice
Online Advice is a no-cost web-only service designed to give you info about investment choices, withdrawals, loans, QDRO's, and more. Participant uses the info to make decisions. more info
Point in Time Advice is no-cost, phone-based service. A financial expert will give you investment suggestions, look at your retirement readiness, talk about savings, distributions, consolidations and more. more info
Real People, Real Help
Retirement Plan Counselors are located across the state available to help you in person or virtually. Meet where and when it’s convenient for you.
The Easy Peasy Investment Option
We offer a diversified list professionally screened investment options. But for the “set it and forget it” approach, you can choose a target date fund. Pick your retirement date and the fund does the rest.
It's Good to Be Young!
Truth is, KPERS and Social Security won’t be enough for a good retirement. You’ll need personal savings, like KPERS 457. And the best time to think about saving is when you’re young! Watch this video and see why starting early is so important!
All State agencies and many local employers offer KPERS 457, an optional deferred compensation plan. With KPERS 457, you choose how much to save and can get started with as little as $12 a paycheck. All State employees can participate. If you work for a local employer like a county or city, see if your employer offers KPERS 457: Local Employers with KPERS 457 (PDF)
2 Easy Ways to Get Started
- Online? Talk to your Human Resources office. They'll give you a "Group Number" and "Plan Enrollment Code" for you to enroll online yourself at kpers457.org
- Prefer the personal approach? Our local counselors are ready to help! Find one near you to schedule a virtual or in-person visit.
Are you an employer who wants to offer KPERS 457?
Email [email protected] with questions or to get started.
Learn more about joining KPERS 457 with this helpful flyer.
Considering Roth 457?
How Roth contributions work
Roth contributions are deducted from your paycheck after taxes are taxken out, and any earnings are also tax-free for qualified withdrawals.
On the plus side
- This may be a good option if you expect to be in the same tax bracket you are in now, or higher, when you retire.
- Money you save today has the potential for long-term growth if you don't plan to access it for many years.
For more info and to see if a Roth is right for you checkout this video from KPERS 457.