Retroactive payments for SMART-TD Members will be included with the August 3, 2017 pay period
For employees who desire to have a larger or smaller amount of their back pay deposited into the 457 account you must contact Great West Retirement by logging on to www.25gonjt.com or by calling 800-25-GONJT and making change by July 15, 2017. Please note all pay periods in the month of August will be subject to the requested percentage withdrawals.
You must make changes by August 15, 2017 to revert back or change percentages of contribution for the month of September
Employees over 50 who are eligible for 457 catch up would need to contact Great West Retirement by logging on to www.25gonjt.com or by calling 800-25-GONJT and making change by July 15, 2017. The IRS maximum is $6,000.00 and would be fulfilled by the retroactive amount or would be partially fulfilled and subsequent pay would be subtracted till max is reached. Contact GWR for more information
Please remember retroactive payments are subject to the IRS federal supplemental tax rate of 25%
