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INSURANCE RETIREMENT TEXFLEX TEXA$AVER NEWS EVENTS CALENDAR ERS INVESTMENTS
 
Texa$aver
Monday, October 5, 2009
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ERS - Employee Retirement System
Overview of Texa$aver
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Use Texa$aver to build personal saving for retirement

Texa$aver is a voluntary deferred compensation program that helps build your personal saving for retirement. Saving with Texa$aver is easy. Contributions are deducted from your monthly paycheck before income taxes are taken out. Great-West Retirement Services® (Great-West) administers the Texa$aver 401(k) and 457 Plans.

Find out if your agency is participating in the 401(k) plan or the 457 plan.

Benefits of Texa$aver
It’s never too late to enroll in Texa$aver.  But waiting now costs you later.  The earlier you enroll, the longer your money has to grow.
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401(k) and 457 Plans
Learn the differences between the 401(k) plan and the 457 plan. Includes information and resources on the Prior 457 Plans.
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Investment Options
The Texa$aver 401(k) and 457 Program offers you a broad array of investment options from very conservative to very aggressive, as well as a Self-Directed Brokerage Account.
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Rollovers
Rollovers into the Texa$aver Program allow you to roll over money you have in a former employer’s 401(k) or 457 Plan into a Texa$aver 401(k) or 457 Plan account.
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Enrollment
Learn more about newly hired state employees automatic enrollment in Texa$aver. If you aren't enrolled, find out how to get started saving for retirement.
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Distributions
Whether you’re retiring, leaving State employment or taking out a loan, you should familiarize yourself with the options for withdrawing your money from your Texa$aver account.
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Publications
 
Check out publications on enrolling, investing, loans and distributions.  You’ll also find forms for important transactions.
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