Submitted by jcera on

Enrollment

When you initiate the online enrollment process, you will be asked to provide the Plan Number, Verification Number, and Location Code. The table below provides the necessary numbers/codes. Please make note of this information and then select Enroll for the plan you wish to enroll in first.

Select the plan related to your employer:

  • Education-Related Employees: The Iowa RIC 403(b) is a program for employees of participating education-related employers (public K-12 districts, area education agencies, and community colleges).
     
  • State of Iowa Employees: The Iowa RIC 457(b) & Iowa RIC 401(a) are deferred compensation programs for State of Iowa employees.  If enrolling in the 457(b) plan (employee contribution account) you must also enroll in the 401(a) plan (employer match account).
     
  • Public Sector Employees: The Iowa RIC 457(b) & Iowa RIC 401(a) are programs for employees of participating non-state public sector employers (cities, counties, municipal utilities, hospitals and similar employers). If enrolling in the 457(b) plan (employee contribution account) you must also enroll in the 401(a) plan (rollover account for rollovers into the plan).​

When enrolling in the 457(b) and the 401(a), you must enroll in each plan separately. Once the enrollment process is complete for a plan, you will have the chance to review and confirm your entries before submitting your enrollment information. An email confirmation will be sent to the email address you provide during the enrollment process. In addition, a separate confirmation of your enrollment will be mailed to the postal address you provide. This confirmation will include a default Personal Identification Number (PIN) for accessing your account online.

Plan Plan
Number		 Verification
Number		 Location
Code		  

Iowa RIC 403(b)

664051

163999

Code list

Enroll

Iowa RIC 457(b)

664052

163999

Code list

Enroll

Iowa RIC 401(a)

664053

163999

Code list

Enroll

 

You should consider the investment objectives, risks, and charges and expenses of the mutual funds offered through a retirement plan, carefully before investing. The fund prospectuses and information booklet containing this and other information can be obtained by contacting your local representative. Please read the information carefully before investing.

Mutual funds under a custodial or trust account agreement are intended as long-term investments designed for retirement purposes. Money distributed from a 403(b) plan, 401(a) plan, or a 457 plan will be taxed as ordinary income in the year the money is distributed. Early withdrawals from a 403(b) plan and a 401(a) plan, if taken prior to age 59½, will be subject to the IRS 10% premature distribution penalty tax. This IRS premature distribution penalty tax does not apply to 457 plans. Account values fluctuate with market conditions, and when surrendered the principal may be worth more or less than the original amount invested. 

Not FDIC/NCUA/NCUSIF Insured I Not a Deposit of a Bank/Credit Union I May Lose Value I Not Bank/Credit Union Guaranteed I Not Insured by Any Federal Government Agency

Insurance products issued by Voya Retirement Insurance and Annuity Company, One Orange Way, Windsor, CT 06095-4774. Securities are distributed by Voya Financial Partners, LLC (member SIPC). Custodial account agreements or trust agreements are provided by Voya Institutional Trust Company. Insurance obligations are the responsibility of each individual company. All companies are members of the Voya® family of companies. Securities may also be through other broker-dealers with which Voya has selling agreements. Product and services may not be available in all states.