Welcome to the 457(b) Savings Plan section of My Life at Children’s. In this section you will find all the information you need about this convenient savings option. Select an option from the menu at the left for more information.

457(b) Savings Plan

Children’s recognizes that saving for the future is important. The Children’s 457(b) Savings Plan helps eligible employees save money on taxes by allowing you to defer part of your pay on a pre-tax basis.

How the Plan Works

If you are at a director or above level, or a Physician with Physicians for Children or Anesthesiologists for Children, you can defer 1% to 100% of your pay as pre-tax contributions, up to the annual IRS/Plan limit, to the 457(b) Savings Plan. Contact Fidelity to contribute (see Contacts at the left). Once you have made your election, your deferrals will take place the first of the month following your date of election. See the 457(b) Savings Plan document under Resources at the left for more details.