The District offers 401(K) and 457 plans to help you save for retirement. Both are managed through URS.
2024 Limits for each plan:
$23,000*
*Additional $7,500 catch up for over 50 yrs.
NOTE: The IRS allows you to contribute to both a 401k and a 457 for a combined total of $46,000.
*The 401(k) Limit is combined with the 403(b) limit.
Changes to your 401(K) can be made as often as every payroll. Complete the change form and return it to payroll by the 7th for the first payroll and before the 22nd to be changed for the 2nd payroll.
For information about your options regarding your choices for your investments review the Investment Options Pamphlet.