New & noteworthy
Tax Shelter Annuity Options Eligibility
Attention Chesterfield County Employees - Employees who are considering the following Tax Shelter Annuity Options are required to consult with their respective financial professional to determine their eligibility. Failure to do so could result in the contribution not being deducted and it could be considered taxable income. This is applicable to 403b and 457 plans contributions.
Special “15 Year” Cap Expansion Age 50 and Older Catch-Up Contribution Annual/Personal/Sick Leave Payout for employees.