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Tarrant County stops new contributions to Lincoln Financial 457(b) plan, offers transfers to county plans
Summary
The court voted unanimously to discontinue new contributions to Lincoln Financial’s 457(b) plan beginning Jan. 1, 2026, after HR reported Lincoln cannot meet SECURE Act 2 requirements; participants may keep existing accounts or transfer funds to approved vendors.
Tarrant County will stop accepting new payroll contributions to the Lincoln Financial 457(b) deferred‑compensation plan beginning Jan. 1, 2026, the Commissioners Court decided Tuesday, while allowing current account holders to maintain their balances or move funds to an approved county plan.
County HR staff said Lincoln Financial’s plan cannot be brought into compliance with…
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