National Retirement Security Week (NRSW) is an initiative developed and promoted by the National Association of Government Defined Contribution Administrators (NAGDCA) and supported by a resolution of the U.S. Senate, which you can view
here. NAGDCA has created a unified communication campaign to help plans of all sizes promote NRSW to their employees and encourage their participation in retirement savings. Learn more about NRSW
here, and find links to additional information and materials.
Unused Sick Leave and Vacation Time
Many employees can cash out a portion of their unused sick leave and/or vacation time at year-end. Many retiring employees will get a portion of their unused sick and vacation time paid to them at the end of their employment...
Read more about it here.
Deferred Compensation Terms
Required Minimum Distribution (RMD)- Required amount that must be paid to a participant in a public retirement plan. U.S. Dept. of Treasury and IRS regulations generally require that participants begin taking an annual RMD by April 1 of the year after they reach age 70½ or the year in which they retire, whichever is later. There are also RMD requirements for beneficiaries. Visit our participant website to learn additional key financial terms and definitions.
Share Deferred Compensation-related Articles with Your Employees
Download articles on healthcare in retirement, what is deferred compensation, fees, and more.
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Message from the Executive Director: Keith Overly
Understanding fees is essential for anyone investing for retirement. At Ohio Deferred Compensation, we put a lot of time and effort into doing just that. If your employees would like to speak to someone directly, our Retirement Planning Specialists and Account Executives are here to answer any questions you might have at 877-644-6457. If they're the type of person who would like to learn about fees on their own, they can visit our website