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County Clerk presents Roth option for 457 plan; commissioners ask for plan compatibility check
Summary
County Clerk Anita Lane presented a recommendation to add a Roth option to the county 457 plan; commissioners asked her to contact Empower 457 to confirm whether both county 457 plans can offer matching Roth options and to report back at the next meeting.
County Clerk Anita Lane presented a letter from Garret Harper, a Security Benefit 457 representative, recommending that Grant County add a Roth option to its 457 retirement plan.
Commissioners asked Anita Lane to contact Empower 457 to determine whether an equivalent Roth feature is available through that provider and to ensure the two county 457 plans would mirror each other if a Roth option is added. Anita Lane said she would contact Empower and report back at the next meeting.
No formal change to plan documents was approved at the June 2 meeting; the item was recorded as a request for follow-up and staff research.
