New Roth Option for State Employees

April 22, 2008

Starting April 21, 2008, the State of Michigan 401(k) Plan will begin offering a Roth 401(k) option. For more information on how the Roth 401(k) provisions can work side-by-side with your other State of Michigan retirement savings options, review Your Guide to Roth 401(k) Contributions.

Thanks to the Scientific and Engineering Bargaining Unit Bargaining Team, this product is being offered to all state employees. The S & E Unit requested this investment option during negotiations last fall. Thanks to Karl Hausler in particular!

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