June 2019
Your monthly news & updates
Get the latest news about what's going on with Ohio DC and potential changes in the retirement savings industry to help your employees prepare for a secure retirement.
Retirement Planning Specialist Travel Schedule
Ohio DC's Retirement Planning Specialists are on the road throughout Ohio, conducting visits in cities near you. Take a look at the schedule  here  to determine when they will be in your area. You can print off a copy for your office or save a PDF for internal staff newsletters or emails.
Popular Annual Financial Report Available
It's something that a lot of people aren't aware of, but each year, Ohio DC puts together a Popular Annual Financial Report (PAFR). The PAFR describes what we do and how we do it in a more easily understandable format, compared to our Comprehensive Annual Financial Report. The PAFR is developed to help readers understand Ohio DC's functions and how participants use the Program to supplement their retirement income. If you'd like to take a look at the 2018 PAFR to learn a little more about Ohio DC, you can view it here.
Share Deferred Compensation-Related Articles with Your Employees 

Ohio DC can provide monthly information on retirement issues for your newsletter or Intranet. This month, we'd like to give you additional information for your younger employees: Early Savers Newsletter .

Download articles on healthcare in retirement, what is deferred compensation, fees, and more.   Learn more .

If you received this email you are on the list for future employer communications. If this was forwarded to you, you can join our list by   contacting us .
Message from the Executive Director: Keith Overly
Keith Overly, Executive Director
Retirement Security and Savings Act
Recently, Ohio Senator Rob Portman and Maryland Senator Ben Cardin reintroduced the bipartisan Retirement Security and Savings Act in the U.S. Senate. This legislation addresses multiple challenges within the retirement saving system, with the goal of making it easier for people to save for a secure retirement.

Some of the issues the bill addresses include improvements to the Saver's Tax Credit, eventually increasing the age for Required Minimum Distributions (RMDs) for accounts with less than $100,000 and reducing the penalty for non-compliance with RMDs .

The ultimate goal of the Senators is to help Americans, specifically the aging population with little to no retirement savings, people with low incomes or those with inadequate retirement savings. You can read more about the legislation here . Ohio DC can help you address these topics with your employees. If you'd like to learn more about what we can do, visit Ohio457.org or call our Service Center at 877.644.6457 to speak to a Retirement Planning Specialist or Account Executive.