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[Music] as a University employee you have choices when it comes to saving extra money for retirement youre probably familiar with or even participate in a 403b but theres another savings option available to you that could offer the affordability and flexibility that youve been missing its called a 457b and its offered through the state of Missouri defer Compensation Plan also known as Moder comp this unique savings option allows you to save with both before and after tax money you may not know it but as a University employee you can actually contribute to and Max out both your 403b and 457b savings plans in the same tax year over 30 years ago the state of Missouri defer Compensation Plan was established by law as an employee benefit under Section 10591 of the Missouri Revised Statutes our mission is to provide a lowcost savings plan that will help hardworking missourians achieve their financial goals what that ultimately means for you is that our bottom line is your bottom line we
