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FICA Alternative Plan

for

Other Personal Services (OPS) Employees

 

The FICA Alternative Plan is an alternative retirement income program established by the IRS Section 3121(b)(7)(F) and Section 110.1315, Florida Statutes.

OPS Employees are required to contribute at a rate of 7.5% of pre-tax salary instead of contributing to Social Security.

Provided below is information on the FICA Alternative Plan through Bencor, Inc.

These documents contain necessary information on setting up your investment plan and managing your account.

It is important for you to be aware of the variety of investment options available for your contributions. The list of investment options can be found on the Bencor website. By choosing the right mix of investments that best suits your needs you are on your way to a more successful retirement.

 

For access to additional information on your account visit:

BencorPlans or call 888-258-3422

To save additional pre-tax money for your retirement years visit:

Deferred Compensation or call 877-299-8002