Many public employees are unsure of what they need to save for retirement, as well as what resources are available for them to do so. Ohio DC recently worked with some of our Retirement Planning Specialists to create a video to give potential participants a better idea of what we offer. If you'd like to encourage your employees to get started on the path to retirement income security, have them take a look at the video at this link: Ohio DC Overview Video.
Ohio Business Gateway Go Live Coming
The Ohio Business Gateway modernization is approaching quickly. One of the first things you'll notice when you first visit the modernized Gateway is the improved look and feel the Gateway team has worked to provide users. The updated user experience should make it more user friendly. Click hereto learn more.
Share Deferred Compensation-related Articles with Your Employees
Ohio DC can provide monthly information on retirement issues for your newsletter or Intranet. This month, instead of a single article we have the
New Ohio DC Overview Video.
Download articles on healthcare in retirement, what is deferred compensation, fees, and more.
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Message from the Executive Director: Keith Overly
Best Practices for Plan Sponsors
When your employer provides employees with one or more supplemental retirement plans like Ohio Deferred Compensation, the employer assumes certain responsibilities for those plans. The good news is that Ohio Deferred Compensation takes care of most of the administrative responsibilities on behalf of the employer.
Nevertheless, employers should understand their responsibilities. The National Association of Government Defined Contribution Administrators (NAGDCA) is a great resource for employers. NAGDCA has a Best Practices Guide for plan sponsors (employers) that you can access by going to the Ohio DC Employer Website
here. Look under the Resource Center on the right side and click on Your Plan Sponsor Best Practices Guide for Employers.
To learn more about how we can help your staff save for retirement, visit our website at Ohio457.org or feel free to contact our staff at Ohio457@nationwide.com with any specific questions.