Keyword Analysis & Research: savings plus loan

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Frequently Asked Questions

What is savedsavings plus?

Savings Plus is the name of the 401 (k) Plan and 457 (b) Plan available to most State of California employees. With Savings Plus, you can build a retirement savings account.

What is a Federal PLUS loan?

The Federal PLUS Loan, also known as a Federal Direct PLUS Loan, is available after a student exhausts eligibility for Federal Stafford Loans. There are two versions of the Federal PLUS Loan: the Federal Parent PLUS Loan and the Federal Grad PLUS Loan.

What is California Savings Plus and how does it work?

Savings Plus is the name of the 401 (k) Plan and 457 (b) Plan available to most State of California employees. With Savings Plus, you can build a retirement savings account. Automatic payroll deductions from your paycheck are invested in funds you select from the Savings Plus portfolio menu.

Who is eligible to contribute to a savings plus account?

All permanent State employees, Rehired Annuitants, and ARP participants are eligible to contribute to a main plan account. Savings Plus contributions are through automatic payroll deductions that go into investments the employee selects from the Savings Plus portfolio. Employees may choose to contribute to a 401 (k) Plan, a 457 (b) Plan, or both.


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