Long- and Short-term Disability

If you know of an employee going on an extended leave of absence, please contact our Finance Department at Finance@ohiodc.org so we can note the account for when the employee is on leave and when they return.

Ohio DC must reconcile the detail total on the contribution billing to the remitted amount. Employers should make appropriate brief notes on the contribution billing explaining the exclusion of an employee's contribution. Employers remitting electronically will show the exclusion in the detail of the file they remit.

Adopt our Roth 457(b) Option

Adopting the Roth 457(b) option gives your employees the freedom of choice to make either pre-tax or Roth post-tax contributions to meet their individual financial circumstances. Roth contributions are not tax deductible but they provide tax-free distributions after certain conditions are met. Each employee has one annual contribution limit, which applies to the combined pre-tax and post-tax contributions. Employers will need to set up a separate post-tax deduction for Roth contributions in their payroll systems. 

Please consider adopting the Roth 457(b) option by completing Exhibit B of the Adoption Agreement. For additional information about the benefits of a Roth 457(b) account, please review the Ohio DC Roth Contributions Brochure or contact us at 877-644-6457.

Emotional Investing

Emotional reactions can be a factor in driving some investment decisions. When saving for retirement, investors should try to avoid overreacting to peers' opinions and news headlines. Share an article on What is Emotional Investing? with your employees. Maintaining a disciplined approach to saving for retirement can position investors for better results.

Ohio DC Participant Webinars

Ohio DC offers webinars on a variety of topics. Please share this link with your employees, so they can register for any upcoming webinar of interest. June webinar topics include:

• Approaching Retirement - Beyond the Basics: June 4
• Introduction to Social Security: June 11
• Women & Retirement: June 18
• Asset Allocation & Managing Risk: June 25

If employees can't join one of the live webinars, they are recorded, so your employees can watch them later at their convenience.