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457 Deferred Compensation

Overview

  • This plan helps you save pre-tax dollars for your future retirement.
  • Enroll or change your monthly contribution into your 457 Deferred Compensation at any time.
  • Join the NDPERS Companion Plan  (TIAA) or choose your own investment provider. The NDPERS Board only oversees the Companion Plan investment options.
  • You may be eligible to earn additional funds through the Portability Enhancement Provision (PEP)
  • In the event of a divorce, review the Qualified Domestic Relations Order.

Enroll Today

Get started with a minimum of $25/month. Federal annual limits apply.

Investment Provider Options

Companion Plan Other Providers
TIAA Member Portal
- Member Portal
  • Your Companion Plan account with TIAA is conveniently created for you. 

  • The investment funds are overseen by the NDPERS Board.

  • Your account defaults into investment funds matched to your estimated retirement date or you can choose your own investment funds.

Effective 2021, there are 4 additional authorized providers:

  • American Trust Center
  • Bank of North Dakota
  • Nationwide Life Insurance
  • Waddell & Reed Financial Services

You are responsible for meeting with your provider to set up your account, monthly payroll contribution, and beneficiaries.

Use the Investment Providers list to find a provider near you.

 

Plan Handbook Overview
Deferred Compensation Plan Handbook

Additional Information