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Commissioners add NC 457 deferred-compensation option for county employees

3220605 · April 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board authorized the county to offer the North Carolina 457 deferred-compensation plan alongside the existing 401(k). County staff said adding the plan creates flexibility for employees and does not require an immediate employer match.

The Ashe County Board of Commissioners approved a resolution to add the North Carolina 457 deferred-compensation plan as an additional retirement option for county employees.

Nick, the county's newly hired economic development director and assistant county manager, presented a comparison showing…

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