Deferred Compensation 457 Plan	PERA 401(k) Plan	403(b) Tax-Deferred Annuity Program
Who Can Participate	Employees of the State	Any contributing PERA member	Employees of higher education institutions
Employee Contributions	Via payroll deductions	Via payroll deductions	Via payroll deductions
Minimum	$25 per month	None	Based on option selected
Maximum	$14,000 in 2005 $15,000 in 2006 Thereafter, indexed in $500 increments per calendar year	$14,000 in 2005 $15,000 in 2006 Thereafter, indexed in $500 increments per calendar year	$14,000 in 2005 $15,000 in 2006 Thereafter, indexed in $500 increments per calendar year
Loans to Participants	One loan per account, any reason	Up to two loans at any time for any reason	Available if plan permits.  Contact your 403(b) Plan Provider
Withdrawals While Working	Permitted only for: Extreme unforeseeable financial hardships as determined under IRS guidelines. To purchase PERA service credit.	Permitted only for: Employees age 59½ or older; Financial hardship; To purchase PERA service credit.	Permitted only for: Contributions made before 01/01/89; 10% early withdrawal tax applies (except for withdrawals made to pay deductible medical expenses, financial hardship or disability); To purchase PERA service credit.
Catch-up Provisions	Participants age 50 and over may make additional contributions of $4,000 in 2005	Participants age 50 and over may make additional contributions of $4,000 in 2005	Participants age 50 and over may make additional contributions of $4,000 in 2005
When Paid	Retirement, termination—no 10% tax penalty regardless of age, hardship, death (beneficiary)	Retirement, termination, hardship, death (beneficiary)	Retirement, termination, hardship, death (beneficiary)
To Enroll	1-800-838-0457 or www.colorado457.com	1-800-757-7372 or 303-832-9550 or www.copera.org	Contact your Plan Representative

*Information retrieved from "Employee Choice Flexible Benefit Plan" sponsored by the State Board for Community Colleges and Occupational Education.