In a bold initiative the IAFF announces its intention to sponsor and market a deferred compensation/IRA product for professional fire fighters under what would become the IAFF Financial Corporation. General President Harold Schaitberger appoints an executive board committee on deferred compensation to develop a series of tax deferred investment vehicles to offer to IAFF members and other eligible public employees. The IRA component accepts transfers from existing IRAs, other qualified deferred compensation programs and deferred retirement option programs. The deferred compensation program is marketed across the country to all public employers.
Comments are closed.
