The Internal Revenue Service recently announced employee annual deferral limits will increase in 2019. Each year, the IRS sets limits on the amount of wages employees can defer. These limits are tied to inflation statistics, which are recalculated each fall for the following calendar year. To view the updated deferral limits for next year so you can provide them to your staff. Read more about the new contribution limits from the IRS here.
Retiree Rewards Newsletter is Available
Ohio DC isn't just here for our participants up to the point of retirement. Once they're retired, we can still be a resource for developing strategies for building a budget in retirement, planning for healthcare costs and preparing for distributions. The Rewards newsletter contains topics specifically for our retired participants. If you have employees nearing retirement, or keep in touch with your retired employees and would like to pass some information on to them, you can find the Rewards Newsletter 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 help you address
Health Care Costs In Retirement.
Download articles on healthcare in retirement, what is deferred compensation, fees, and more.
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Message from the Executive Director: Keith Overly
We Realize All You Do for Your Employees
At Ohio DC, we realize how much you do for your employees, and we appreciate how hard you work to give them the best opportunities to save for a comfortable retirement. We know this because we see it every time we come to one of your work sites, or you pass on educational material to your staff. For this reason, each year we present some of our extraordinary employers with formal Recognition Resolutions from our Board of Trustees. You can see a description of the Resolutions, the full list of 2018 recipients and the reason we chose each of them at this link.
If you you're interested in finding out how these employers achieved these results or ways we could help you encourage your staff to save for retirement, call our Service Center at 877-644-6457, visit our website at Ohio457.org or feel free to email our staff at Ohio457@nationwide.com with any specific questions.