State 457(b) Plan Search

Alabama

RSA-1 Deferred Compensation Plan

Teachers are eligible to contribute to this plan.

NOTE: Only three investing options: fixed income fund, equity fund (S&P 500 index) and a short-term investment fund. Lacks an international fund. Costs not publicly disclosed. Consequently we are unable to assign a grade. This plan works best for those who have no other reasonable options, need to defer pre-tax, and have the ability to diversify with other assets.

Alaska

Green Alaska Deferred Compensation Plan

Information about teacher eligibility is not available.

Arizona

Green Arizona Smart Save

Teachers are eligible to contribute to this plan.

NOTE: While available, we are not aware of a district that offers it.

Arkansas

Red Arkansas Diamond Deferred Compensation Plan

Teachers are eligible to contribute to this plan.

NOTE: Not able to determine all administrative fees.

California

Green CalSTRS Pension2 457(b)

Teachers are eligible to contribute to this plan.

Green CalPERS

Teachers are eligible to contribute to this plan.

Colorado

Green Colorado

Teachers are eligible to contribute to this plan.

NOTE: Available to educators but district must opt in.

Connecticut

Green CT DCP

Teachers are eligible to contribute to this plan.

Delaware

Green DEFER Delaware Retirement Savings Plan

Teachers are eligible to contribute to this plan.

NOTE: 0.05% of the above admin fee is capped at $200 per year

District of Columbia

Green DC Retire

Teachers are eligible to contribute to this plan.

Florida

Green MyFloridaCFO Corebridge

Teachers are not eligible to contribute to this plan.

NOTE: Corebridge is one of three recordkeepers. No international index fund.

Green MyFloridaCFO Nationwide

Teachers are not eligible to contribute to this plan.

NOTE: Nationwide is one of three recordkeepers.

Green MyFloridaCFO Voya

Teachers are not eligible to contribute to this plan.

NOTE: Voya is one of three recordkeepers.

Georgia

Green Peach State Reserves

Teachers are not eligible to contribute to this plan.

Hawaii

Green Island Savings Plan

Teachers are eligible to contribute to this plan.

Idaho

Information not available.

Illinois

Yellow TRS Supplemental Savings Plan

Teachers are eligible to contribute to this plan.

NOTE: Account fee should decline as plan gains more assets under management. The $100 fee is exorbitant for low account balance.

Indiana

Green Hoosier S.T.A.R.T.

Teachers are eligible to contribute to this plan.

NOTE: While plan doesn't have an International index fund, it does offer the ability to own the Vanguard TDF as a CIT which is a global equity portfolio under 0.20%. Getting information on investment options was VERY difficult.

Iowa

Green RIC Retirement Investor’s Club

Teachers are eligible to contribute to this plan.

NOTE: Four-vendor bidded plan.

Kansas

Green kpers 457

Teachers are eligible to contribute to this plan.

NOTE: Plan lacks an international index fund.

Kentucky

Green Kentucky Deferred Comp

Teachers are eligible to contribute to this plan.

NOTE: The maximum annual fee that any participant can be charged is $237 ($12 administrative fee and $225 maximum for mutual fund asset costs); 0.32% of first $25,000; 0.13% of next $50,000; 0.06% of next $25,000; No additional cost for amounts over $125,000.

Louisiana

Green Louisiana Public Employees Deferred Compensation Plan

Teachers are eligible to contribute to this plan.

NOTE: Charge of 0.20% on balances between $5,000 and $50,000. No fee above $50,000.

Maine

Red MaineSaves 457(b)

Teachers are not eligible to contribute to this plan.

Green MaineSaves 457(b)

Teachers are not eligible to contribute to this plan.

Green MaineSaves 457(b)

Teachers are not eligible to contribute to this plan.

Maryland

Green Maryland Teachers & State Employees Supplemental Retirement Plans

Teachers are not eligible to contribute to this plan.

Massachusetts

Green Massachusettes Deferred Comp 457 Smart Plan

Teachers are eligible to contribute to this plan.

NOTE: For accounts under $1,000: 0.025% on total account assets. Fees capped at $125 annually and assessed monthly. For accounts over $1,000: $5 annually per account plus 0.025% on total account assets. Fees capped at $125 annually and assessed monthly.

Michigan

Green Michigan Office of Retirement Services (401k) and 457(b))

Teachers are eligible to contribute to this plan.

Minnesota

Green Minnesota Deferred Compensation Plan (MNDCP)

Teachers are eligible to contribute to this plan.

NOTE: Fees capped at $125

Mississippi

Green Mississippi Deferred Compensation Plan

Teachers are eligible to contribute to this plan.

Missouri

Green MO Deferred Comp

Teachers are not eligible to contribute to this plan.

Montana

Green MPERA 457(b)

Teachers are eligible to contribute to this plan.

NOTE: Fees Capped $244 and no fees for balances under $10,000.

Nebraska

Green State of Nebraska Deferred Compensation Plan

Teachers are eligible to contribute to this plan.

NOTE: $1.25 billion of assets under management. All index funds. This is the Thrift Savings Plan of state-run 457(b) plans meaning it is very good. Nebraska educators deserve access to this plan.

Nevada

Green Nevada Public Employees’ Deferred Compensation Program

Information about teacher eligibility is not available.

NOTE: State law appears to allow educators to participate but eligibility is not clear. Plan document says the following: current State of Nevada and Nevada System of Higher Education (NSHE) employees are eligible to participate in the Plan. Public employees of other qualified political subdivisions that have executed an inter-local contract to participate in the Plan are also eligible.

New Hampshire

Green New Hampshire Deferred Comp

Teachers are eligible to contribute to this plan.

New Jersey

Green NJSEDCP

Teachers are not eligible to contribute to this plan.

New Mexico

Green New Mexico

Teachers are eligible to contribute to this plan.

NOTE: $40/year plus 0.135% admin fee, capped at a maximum of $104. On an account balance of $5000, the fee is $11.38 per quarter; the fee (which covers record keeper, investment consultant and PERA operating costs) is deducted quarterly from account balance. This fee is waived for the first two quarters or until account balance reaches $1000, whichever occurs sooner.

New York

Green New York State Deferred Comp

Teachers are eligible to contribute to this plan.

NOTE: Admin fee is only applied on balances above $20,000 and stops at $200,000.

North Carolina

Green North Carolina

Teachers are eligible to contribute to this plan.

North Dakota

Red The Companion Plan - Non-Board monitored

Teachers are eligible to contribute to this plan.

NOTE: All three non-board monitored options are expensive.

Yellow The Companion Plan Board Monitored

Teachers are eligible to contribute to this plan.

NOTE: Non-index funds and Target Date Funds all have revenue share costing 0.25 to .040%. Index funds have no add-on or revenue share.

Ohio

Green Ohio Deferred Compensation Plan

Teachers are eligible to contribute to this plan.

NOTE: Admin fees capped at $220. No fees on balances under $5,000.

Oklahoma

Green SoonerSave

Teachers are not eligible to contribute to this plan.

Oregon

Green Oregon Growth Savings Plan (OGSP)

Teachers are eligible to contribute to this plan.

Pennsylvania

Green Pennsylvania Deferred Compensation Plan

Teachers are not eligible to contribute to this plan.

Rhode Island

Green Rhode Island Deferred Comp

Teachers are not eligible to contribute to this plan.

NOTE: Plan 1

Green Rhode Island Deferred Comp

Teachers are not eligible to contribute to this plan.

NOTE: Index funds range in price from 0.045%. to 0.26%.

South Carolina

Green PEBA

Teachers are eligible to contribute to this plan.

South Dakota

Green SDRS Supplemental Retirement Plan

Teachers are eligible to contribute to this plan.

NOTE: New enrollees will have no plan fees the first year. Beginning in the second year, if account balance is less than $7,500, the administrative cost will be $12 per year ($1 per month). When balance exceeds $7,500, a 0.16% annual asset fee will apply, but is capped at $500 annually (when balance exceeds $312,500).

Tennessee

Green Retire Ready Tenessee 401(k) and 457(b)

Teachers are eligible to contribute to this plan.

Texas

Green Texas$aver 401(k) and 457(b)

Teachers are not eligible to contribute to this plan.

Utah

Green URS 457 Savings Plan

Teachers are eligible to contribute to this plan.

NOTE: 401(k) also available. Inactive account fee $15.

Vermont

Green Supplemental State of Vermont Retirement Plans

Teachers are eligible to contribute to this plan.

Virginia

Green Commonwealth of Virginia 457(b) DCP

Teachers are eligible to contribute to this plan.

Washington

Green Deferred Compensation Program (DCP)

Teachers are eligible to contribute to this plan.

West Virginia

Yellow West Virginia Retirement Plus

Teachers are eligible to contribute to this plan.

NOTE: High target date fees (0.57% for 2045 fund); it's potentially a revenue sharing plan which may cover the record keeping and plan fees; In call to Empower they were unable to provide detail.

Wisconsin

Green Wisconsin Deferred Compensation Plan

Teachers are eligible to contribute to this plan.

Wyoming

Green Wyoming Retirement System 457 Plan

Teachers are eligible to contribute to this plan.

NOTE: Account fee only charged on balances less than $100,000. Admin fees capped at $150.