Monroe County Deferred Compensation Plan

Leaving Employment

Understand your options and make informed decisions about what comes next.

Getting Ready to Retire or Separate from Service

Did you know you can keep your Monroe County 457 Deferred Compensation Plan long after you separate from service or retire?

You’ll continue to receive benefits, including:

• No cost financial planning access
• Lower investment expenses, on average
• Access to a self-directed brokerage account
• Access to your money before age 59 1/2 without a penalty¹
• Flexible payout options with no taxes until you take withdrawals²

Learn More

• Keeping Your Money in Your Monroe County 457 Plan
• Monroe County Retirement Preparation Timeline
• Watch Video - MissionSquare Will Continue to Work for You

¹Withdrawals may begin after separation of service. You lose this automatic exemption if you move to another type of retirement account.

²Applies to all 457 plan contributions and associated earnings.