Deferred Compensation Unit

You may enroll in the 457(b) Deferred Compensation Plan either by phone or on the internet.  Before you log on or make the phone call, you should consider a few things:

1. Decide How Much to Contribute.  Decide what amount of your salary you would like to contribute.  All deductions must be in whole dollars.  The total amount you contribute on a pretax basis is subject to the annual IRS dollar limit.  The current limits are $15,500 for those under age 50 and up to $20,500 for those who will be 50 or older this calendar year.  If you are eligible for special catch up provisions, you may be able to contribute even more by signing up for the 3 Year Limited Catch-Up Program.

2. Choose your Investment Options.  Select specific investment options from those available.  You can review your options by contacting Fidelity Investments at 1-800-343-0860 or  www.fidelity.com/atwork All elections must be in whole percentages and total 100% (e.g., 33%, 33%, 34%).

3. Select a PIN.  Before you can enroll in your plan, you must establish a personal identification number (PIN).  Your PIN must be 6 to 12 characters in length; it cannot be your Social Security number, Customer ID, or date of birth; and it cannot be a sequential or repeating number or letter (e.g., 123456 or 777777). 

You will need your date of birth and ZIP code in order to establish your PIN.
 

You will also be asked to choose a security question.  When you forget your PIN, this question will help confirm your identity for PIN reset.
 

Be sure to choose a PIN that’s easy to remember, because you’ll need it each time you call or go on line to access your account. 

Enroll 

On Line:  To use NetBenefits, go to www.fidelity.com/atwork.  Once you’ve established your PIN, the system will automatically ask you to log on to NetBenefits again.  Once logged on, click on the Accounts tab and follow the steps listed on the screen to enroll.

By Phone:  Call Fidelity at 1-800-343-0860.  Once you’ve established your PIN, the automated phone system will recognize that you are eligible to enroll and will lead you through the steps to enroll. 

 Before investing in any investment option, please carefully consider the investment objectives, risks, charges and expenses.  For this and other information, call Fidelity at 1-800-343-0860 or visit www.fidelity.com for a free mutual fund or variable annuity prospectus or a fixed annuity fact sheet.  Read it carefully before you invest.   

If you have any questions, call a Fidelity Retirement Services Specialist at 1-800-343-0860, Monday through Friday, from 5am to 9pm, PT.  A Fidelity Retirement Services Specialist can answer your questions and help you complete the steps necessary to begin directing your investments through your workplace savings plan

To Contact a Deferred Compensation Technician:

Phone: 916-874-2020
Fax: 916-874-8419
E-mail: PSDBenefits@saccounty.net

Interoffice Mail Code: 09-6750

To Contact Fidelity Investments:

Phone: 800-343-0860
Website: www.fidelity.com/atwork

Inquire about the availability of documents in alternate formats.