Investment Options

  • Pueblo School District 60 has several investment options as described below

    401(k)Colorado PERA logo

    • You may contribute up to the IRS limit based on your age.
    • You select your investment funds.  You are able to divide up your contributions among the funds that are available and manage those funds online at www.copera.org
    • Your choices include low and high-risk mutual funds.
    • Funds are available at age 59 1/2 after separation of service from your employer.
    • All changes made on or after the 15th of the month will be effective in the following month's payroll.
    • Payroll deduction forms to change contribution can be found here.  Once complete, please return to payroll

     

    403(b)

    Corebridge Financial

    • You may choose to participate in Pueblo School District 60's 403(b) plan administered by Corebridge Financial.  Click here to access plan highlights and steps on how to enroll.
    • All changes made on or after the 15th of any month will be effective in the following month's payroll.
    • If interested, access the enrollment page here
    • For questions regarding the plan or assistance in enrolling, contact our local financial advisor Courtney Watson at 719-396-4647 or courtney.watson@corebridgefinancial.com

     

    Colorado PERA 457

    • You may choose to participate in the 457 plan administered by ING.  The 457 plan differs in several ways from the traditional 401(k) and 403(b) plans.
    • In the 457 plan, you have access to your funds prior to age 59 1/2.
    • The 457 plan allows employees to contribute to their 401(k) or 403(b) plan at the IRS contribution limit and also contribute at the same level to their 457 plan.
    • Enrollment should be completed online at www.copera.org before the 25th of the month.  The deduction will then be effective on the next month's payroll.
    • Any changes are also managed online with ING at www.copera.org or by calling PERA at 303-832-9550

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    Retirement Manager

    For employees who wish to complete in-service exchanges or to take a loan or hardship withdrawal on their eligible 403B investment, the District has a new web-based program called Retirement Manager to make the process easier. The program is free and is managed by VRSCO, a third-party administrative arm of Corebridge Financial.

    Retirement Manager verifies whether or not a loan, hardship withdrawal, or in-service exchange request is valid. If it is, employees print certificates from Retirement Manager and attach them to their application form from the vendor. A separate signature from the Plan Administrator is no longer necessary since the certificates provide the verification of eligibility.

    The program works for all 403B plans invested with AXA-Equitable, American Fidelity, First Investors, Horace Mann, Security Benefit, VALIC, and Waddell & Reed. Currently, Waddell & Reed can only process hardship withdrawals under this option. All other companies process loans and hardship withdrawals.

    Horace Mann is no longer eligible for new clients; only existing clients can access this service.

     

    INSTRUCTIONS:

    Go to https://www.myretirementmanager.com/?PUSD and click on "I'm a New User" and create an account to request a loan or hardship withdrawal. The minimum amount that can be requested is $1,000 and the maximum amount is 50% of the account balance of all eligible 403B plan accounts. Contact Human Resources at 549-7132 or your financial advisor for assistance.