457 Deferred Compensation
Enroll in the 457 Plan Today
Most public employees in Wyoming are automatically in a WRS Pension and Social Security. We have made joining the 457 Plan easy. It will only take 5 minutes. 4
(for non-state employees)
Already Enrolled?
Set a goal, or check your progress using the WRS Goal-Setting Calculator.
A Journey to a Better Retirement
Your WRS pension is the biggest step on your journey to a secure retirement. Social Security will help you along the way. But to fully reach your goal of a secure retirement, you’ll also need to put aside a portion of your earnings.
The Earlier You Start, the Easier the Journey
Potential growth on your investment is helping fund your retirement.
And the News Keeps Getting Better
Did you know that every dollar you set aside for yourself could turn into twelve dollars by the time you retire?
2 – This example assumes a retirement age of 65, an annual income of $25,000 (without increases), 3% contribution, 6.5% rate of return, and monthly compounding. This chart is for illustrative purposes only and is not intended to represent the performance of any specific investment. Actual returns will vary and principal value will fluctuate. Applicable taxes are due when money is withdrawn.
3 – This illustration is a hypothetical compounding example that assumes biweekly deferrals (for 40 years) at a 6.5% annual effective rate of return. It illustrates the principle of time and compounding. It is not intended to predict or project the investment results of any specific investment. Investment return are not guaranteed and will vary depending on investments and market experience. If fees, taxes, and expenses were reflected, the hypothetical returns would be less.
4 – New employees of the executive, legislative and judicial branches of the state of Wyoming will be automatically enrolled in the WRS 457 Plan unless they opt out.
