457 – State of Nevada Deferred Compensation Plan
State and Local Governments are permitted under current IRS rules to offer Deferred Compensation (457 plan) plans to its employees. Since UNLV is a state agency, we also offer this plan to our employees through the State of Nevada Deferred Compensation Plan. This plan is administered by the State of Nevada Deferred Compensation Committee.
Currently, employees can open an account with Voya Financial and contributions are taken from the employee’s paycheck and sent directly to Voya. The Deferred Compensation provider is Voya Financial.
New participants to the 457 plan must complete an EZ VOYA application and submit a completed Salary Reduction Agreement form to Human Resources.
If you are already participating in the plan and wish to change your deferral amount you can change your deferral amount through the University’s Employee Self-Service System (EQUUS). To access EQUUS, you will need your Employee ID Number and your password. Please remember to print out the confirmation of the change for your records.
For more information about the NDC Plan, please view the Nevada Public Employees' Deferred Compensation Program Plan Document.
2017 Contribution Limits
Deferral Limits for 2017 – The IRS sets limits on the amount that you can contribute to the Plan each year. The annual deferral limits for 2017 are listed below:
||State of Nevada Deferred Compensation 457 Plan Regular Contribution Limits
||50+ Catch-Up Additional Contribution Limits