457 Deferred Compensation

Lincoln Financial administers the 457 Deferred Compensation Plan. Access your statements, account balance, investment options, and forms online by logging in to www.lfg.com. You can also download the Lincoln app for added convenience.

Consider reviewing and updating your beneficiary online at www.lfg.com. This will make things easier for your family in the future.

Tax Exclusion

  • Section 402(I), Internal Revenue Code, provides a tax exclusion of up to $3,000 for health insurance to eligible public safety officer only retirees. This tax exclusion is applicable to premiums paid via 457 Plan Administrator (Lincoln Financial).
    Lincoln Financial Participants– Complete application “Insurance Premium payment distribution for eligible public safety officers”. Submit the application to Lincoln Customer Service (1-800-234-3500) to obtain the application. Lincoln Financial will process the application and mail a payment to WageWorks (up to $3,000 pre-tax).

Contact Information

Lincoln Financial Group Customer service: (800) 234-3500.
Website: www.lfg.com
Email: Richard Phelan Richard.Phelan@LFG.com
Schedule a phone meeting here: www.LFG.com/PBSOschedule