MaineSaves 457b (Deferred Compensation) Plan
The MaineSaves plan is a voluntary retirement savings program. You choose how much you'd like to save and where you'd like your money invested. This is an easy, pre-tax way to save additional funds towards retirement conveniently through payroll deduction. Choose a provider to enroll today!
Empower (formerly known as MassMutual) On-line enrollment instructions and the Plan Enrollment Code for the State of Maine Deferred Compensation Plan Group ID/Plan# 765718-01 can be found by visiting https://www.iisfinancial.com/state-of-maine-participant-resources [iisfinancial.com].
Some transactions cannot be done online. If you are in a position that is eligible for the 5% Enrollment Option, want to participate in the 3-year pre-retirement catch-up or need to request a vacation pay deferral, please contact your local representative.
If you have a question for the State’s Plan Administrator, please reach out to our office at MaineSaves457b@maine.gov. If you have in-depth questions about your plan, please contact your local representative.”