Retirement Plans 401K, 403B & 457
401K
-
You may contribute up to the IRS limit based on your age.
-
You select your investment funds. You are able to divide up your contributions among the funds that are available and manage those funds online at https://www.copera.org/peraplus-401-k-457-plans
-
Your choices include low and high-risk mutual funds.
-
Funds are available at age 59 ½ after separation of service from your employer.
-
All changes made prior to the 15th of the month will be effective in the following month's payroll.
-
Click to access the 401K change form.
403(b)
Colorado PERA 457
-
You may choose to participate in the 457 plan administered by ING. The 457 plan differs in several ways from the traditional 401(k) and 403(b) plans.
-
In the 457 plan you have access to your funds prior to age 59 ½.
-
The 457 plan allows employees to contribute to their 401(k) or 403(b) plan at the IRS contribution limit and also contribute at the same level to their 457 plan.
-
Enrollment should be completed online at www.copera.org before the 25th of the month. The deduction will then be effective on the next month's payroll.
-
Any changes are also managed online with ING at www.copera.org or by calling PERA at 303-832-9550.