All employees may defer their own compensation to a Supplemental Retirement Account. Employee contributions are made through payroll on a tax-deferred basis. Employees may contribute up to the maximum amount allowed by the Internal Revenue Service. For 2010 the maximum amounts are:
- Employees up to age 50 - $16,500
- Employees age 50 and older - $22,000
Employees may choose from two vendors to invest their Retirement funds. Click on the link below to view details about available investments for each vendor.
TIAA-CREF – www.tiaa-cref.org/rhodes
To view complete details, see the Summary Plan Description. Please contact Human Resources if you have questions or would like to receive enrollment material.