Village of Fayetteville Board of Trustees Minutes 2026-05-11
Village Adds Roth Option to Nationwide 457b Plan
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Description
The Village of Fayetteville Board of Trustees approved an amendment to its Nationwide 457(b) deferred compensation plan to add a Roth contribution option for employees. The change does not increase village costs but broadens retirement savings choices.
Contract Details
Vendor
NATIONWIDE
Agency
Village of Fayetteville, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Renewal Info
Existing Nationwide 457(b) plan amended to include a Roth (post-tax) contribution option; no change to cost structure noted.
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