At Elite Wealth Strategies we work with many staff and faculty members from Wayne State University to help them understand and maximize the generous retirement package available to them. Over the years we have learned the ins and outs of the retirement plan and can guide you in choosing investments and strategies that fit your goals. We provide comprehensive financial planning services to our clients and pride ourselves on forming lifelong relationships so we can be a resource today and in the future. Wherever the road may take you, rest assured the Elite Wealth Strategies team is here to make sure you take the right path and get to your destination.
Wayne State Plan Highlights:
403(b) - The base retirement plan for WSU employees, providing a 2 for 1 match on the first 5% of employee contributions, contributions are made pre-tax and taxes are paid when funds are withdrawn
457 - A supplemental retirement plan funded by employee contributions, contributions are made pre-tax and taxes are paid when funds are withdrawn, there are no early withdraw penalties for withdraws before the age of 59 1/2
Wayne State Plan Highlights:
403(b) - The base retirement plan for WSU employees, providing a 2 for 1 match on the first 5% of employee contributions, contributions are made pre-tax and taxes are paid when funds are withdrawn
457 - A supplemental retirement plan funded by employee contributions, contributions are made pre-tax and taxes are paid when funds are withdrawn, there are no early withdraw penalties for withdraws before the age of 59 1/2