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State of Michigan 401(k) and 457 Plans Session Timeout. In order to protect your personal information, we automatically log you out of your account after a certain period of inactivity.
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Contributing to a tax-deferred savings vehicle such as the 401(k) or 457 plan provided by the state of Michigan provides a convenient, simple, tax-advantaged way to accumulate the money you will need to live a comfortable retirement.
What is the Self-Managed Account? The Self-Managed Account (SMA) is a brokerage option offered through the State of Michigan 401(k) & 457 Plans. This option affords you more flexibility in choosing your own retirement savings investments.
Introduction. The State of Michigan 401 (k) and 457 Plan (the Plan) offers you the opportunity to join the State of Michigan to help you plan for a secure financial future. As a tax deferred savings plan, the Plan offers tax benefits by allowing you to automatically contribute a portion of your salary and invest it in your choice of a range of ...
As a participant in the State of Michigan 401(k) and 457 Plans, you are working to help prepare for your future retirement. You've also joined forces with Voya Financial™, the company who administers the Plan. You may have questions — about Plan access, investment options, Voya™, and more.
Voya is a leading provider of pension plans and was selected by the state to administer the 401(k) Defined Contribution Plan and the 457 Deferred Compensation Plan. Voya also offers services like investment counseling and round-the-clock customer service.
