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RECYCLING SERVICES WILL NOT CONTINUE UNTIL OUR PROCESSOR REOPENS.  WE DO NOT HAVE A DATE AT THIS TIME

For Covid-19 updates, visit www.FranklinTN.gov/Covid-19

See Governor Lee's Executive Orders - Health Guidelines to Stop the Spread of COVID-19

Roth IRA

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The Payroll Roth Individual Retirement Account (IRA) is a retirement savings option available to City of Franklin employees through ICMA-RC. The Payroll Roth IRA provides another tax-advantaged way for employees to save for retirement through individual accounts and the convenience of payroll deduction.

A Roth IRA plan offers many advantages:
• Tax-advantages
• Flexible withdrawals
• More investment options
• Use for a variety of savings goals
• No required minimum distributions

The 2014 maximum dollar limit is $5,500, or $6,500 if age 50 or over.