| Deferred Compensation
Treasurer’s web site with information on the two plans and online forms:
Kern County Treasurer
Kern County Employees Deferred Compensation Plan Web site:
Kern County Deferred Compensation Plan
Contact Information for Deferred Compensation representative:
Susan Leedy
Treasurer's Office
1115 Truxtun Ave 2nd Fl
Bakersfield, CA 93301-4639
(661) 868-3467 or (800) 933-9809
A reminder from Matt Magner about your Deferred Compensation:
"Now is the time to do paperwork to increase your 2006 deferred comp. 2006 457 Plan contribution limits are $15,000 + $5,000 over 50 catch-up ($ 575.92 or $769.23 per pay period, respectively.) Roth IRA limits remain at $4,000 and 50 + catch-up increases from $500 to $1000. Call Susan Leedy at 8-3467 to increase or your start deferred comp and be a multimillionaire upon retirement.
If you are under 50 your 457 Plan limit goes from 14-15 K. If you are over 50 you can do the 50 +catch up which increases from 4 to 5K. So, if your over 50 you can put in max 20k."
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