This month's FinPath journey provides a high-level overview of the different types of employer-sponsored retirement plans that can help you reach your retirement goals.
The City of Norfolk offers a voluntary 457(b) Deferred Compensation plan through MissionSquare Retirement and requires participation in one of two City-sponsored defined benefit retirement plans (Norfolk Employees Retirement System and Virginia Retirement System) based on your eligibility.
*Note: the City of Norfolk does not offer a 401(k) or (403(b).
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