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Summit Savings


Special Notice: Coronavirus

In response to COVID-19, Nationwide's Denver office is currently closed for in-person meetings. For any questions or to schedule a virtual meeting please call us at 1-833-268-7079.

You can also email us at denver457@nationwide.com. We are here to help. Even in a volatile market it's important to stick to your plan.

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Mission: Helping Denver employees save for retirement, one check at a time.

Vision: Retirement readiness for all.


Summit Savings is a separate, personal, retirement savings (457b) program offered by the City and County of Denver. The plan is designed to supplement the city’s pension plan and Social Security, providing additional financial and retirement planning options. Summit Savings is a public-sector equivalent to the private sector’s 401k plans. You may choose to have your payroll deductions either made pre-tax and/or after-tax (Roth). Your Summit Savings investments can be customized as your needs require, and you can work with an investment advisor to tailor your investment options. The city does not match deferred compensation contributions. 


Have a question about deferred compensation?

Contact your Nationwide consultants to schedule an appointment.

 

Summit Savings Plan News and Meeting Information

Results 1 - 5 of 5

Jul 21, 2020

Summit Savings Plan Committee Meeting July 28, 2020

A Regular meeting of the City and County of Denver’s 457(b) Deferred Compensation Committee will be held at 1:00 p.m. on Tuesday, July 28, 2020. Options to join include by phone and online.

Apr 7, 2020

Investing in Volatile Times

As concerns over the coronavirus (also referred to as COVID-19) continue to dominate headlines, cause volatility in the market, and subsequently shake confidence in retirement futures, one thing remains unchanged - you can count on Nationwide. We have been carefully preparing response scenarios for several weeks - with the health of our associates and our ability to provide extraordinary care to you being top of mind.

Oct 30, 2019

Lower Cost Share Class Transfers Effective December 16

In a continual effort to assist you in meeting your retirement goals, the Summit Savings Deferred Compensation Committee has worked with Innovest Portfolio Solutions LLC to make changes to the investment options available in the Plan.

Oct 23, 2019

Upcoming Changes to Summit Savings

The City & County of Denver Deferred Compensation Committee (Committee) announces two upcoming changes to Summit Savings:

  1. The TIAA-CREFF Money Market Fund will be eliminated as an investment option effective December 16, 2019
  2. The Committee will introduce an annual fee to cover plan sponsor expenses related to making the Plan available to employees effective January 1, 2020.

Oct 1, 2019

The City and County of Denver 457b Deferred Compensation Plan is now Summit Savings

Starting in the autumn of 2019, the City & County of Denver’s deferred compensation plan will be known as Summit Savings.

This rename is intended to boost enrollment and refresh the plan’s brand by associating this retirement option with the concept of reaching a mountain summit. A summit is an endeavor that requires planning, consideration and always keeping the goal in sight.

Current committee members:

Zlatko Letica
, Controller's Office - Chairman 

John Eckhardt, Retiree - Vice-Chairman 

Gregory King, Cash, Risk and Capital Funding - Secretary 

Margaret Danuser, Office of the CFO - CFO Representative

Christopher O'Brien - Office of Human Resources 

Bettye Enders - Retiree 

Lieutenant Ian Culverhouse - Denver Police Department 

Captain Greg Pixley - Denver Fire Department 

Sergeant Anthony Mazzei, Denver Sheriff Department 

Deferred Compensation Board Application

Meeting:
4th Tuesday of every month at 1:00 pm
Webb Municipal Building room 4.F.6

Plan Administrator documents available upon request

Phone Message Line: 720-913-9308

 

 

Earn Vitality Points with Financial Wellness Classes

Plan Administrator

Nationwide Retirement Plans

Toll Free: 833-268-7079

www.denver457.com

Plan Consultant

Innovest Portfolio Solutions
Phone: 303-694-1900
Fax: 303-694-4707
www.innovestinc.com