El Paso County Auditor's Office
County Administrative Offices
800 E. Overland, Room 406 (map)
El Paso, Texas 79901
Phone (915) 546-2040
Fax (915) 546-8172 (Office Extensions)
457 Deferred Compensation Plan
The 457 Deferred Compensation Plan is a tax deferred plan that allows you to save and invest today for your retirement. Participation is handled through payroll deduction so your taxes are reduced each pay period.
The 457 Deferred Compensation plan has a contribution annual
limit of $17,500 for 2014.
A participant who attains age 50 before the end of the tax year can make a total contribution of $22,500 in 2014.
Withdrawals while employed are restricted to unforeseeable emergencies. Effective October 1, 2002, the 457 Deferred Compensation Plan will allow loans to be taken from the plan. For additional information please contact your respective administrator:
- Nationwide Retirement Solutions 1-877-677-3678
- AIG VALIC
1(800) 892-5558 Ext. 89110
Who is Eligible to Participate?
All county employees are eligible to participate in the plan. Participation may begin at any time during the year.
How Do I Enroll?
To begin participation in the 457 Deferred Compensation Plan, please contact: