Deferred Compensation 457(b)/401(a)
The Retirement Plans Division of Ameritas has provided administrative and investment services to governmental retirement plans for 60 years. They administer a variety of plans for governmental clients, including 414(h), 401(a) and 457(b) plans. Ameritas has worked with Florida governmental 457(b) plans since 2010 and are well-versed with the state and national regulations. We offer assistance in all aspects of plan design, implementation, record keeping, investments, education and on-going administration.
Highlights:
- Broad selection of investment options
- Guaranteed or Stable Fixed Account
- Low expense ratios available
- Support services to mitigate fiduciary exposure
- Educational modules regarding taxes and investing
- 24/7 account access
- Dedicated customer service team
- DFS Financial professionals available to offer investment strategies
- Customized pre-retirement and post-retirement counseling, including FRS/FRS Investment Plan/175/185/457/DROP and income planning
- On-going individualized counseling and performance review including in-person quarterly and annual reviews
- Service for the newest class of recruits to the most seasoned veterans
Our combination of governmental experience and familiarity with this sector, reputation among all members of the public employee community including the FPFA, union leadership, Fire Chief’s Association, Fire Marshals and Inspectors Association, and FL Sheriff’s Association and many more. In addition, Database Financial Services and Ameritas were selected by the FASD Board as the deferred compensation provider uniquely available to member districts statewide.
Ameritas and DFS offer a bundled service approach combined with an integrated wealth planning and educational partnership focused on retirement strategies for public employees now and in the years to come!