Texa$aver 401(k) and 457

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Keep your money in Texa$aver

Once you leave employment, you can no longer contribute directly to your Texa$aver 401(k) or 457 Plan. You can roll another employer’s 401(k), 401(a), 403(b), or eligible governmental 457 account into either the Texa$aver 401(k) or 457 Plan.

Account Basics

Stay in the Plan
Keeping your money in the Texa$aver Program may provide you with better retirement opportunities.
Keep Your Money Growing
Once you reach retirement, you have less time to grow your savings.
Designate Beneficiaries
Select who will receive your Texa$aver account balance if you should die.
Fees
Administrative fees, account management fees, and other one-time charges.

Beyond the Basics

Consolidate Accounts
Rollovers from other account into the Texa$aver account saves on fees.
Investment Options
Choose the right investments to match your goals.
Advisor Service
Provides advice about investing your Texa$aver account money.

Loans & Distributions

Required Minimum Distribution
Requires that you begin taking distributions once you reach age 70½.
Repaying a Loan
Payments on your loan are still due. You can pay off your loan, or continue to make payments to Great-West on a monthly basis.
Distributions Options
Distribution flexibility with a variety of payout options.

Resources

Texa$aver 401(k) Forms
Texa$aver 457 Forms
Texa$aver Resource Center
Texa$aver Events Calendar
Create an Investment Plan