DC Retire
The 77 K Street Service Center is Moving to a New Location
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The service center at 77 K Street, NE is moving to 777 North Capitol Street, NE, 8th Floor effective August 28, 2017. Your local Retirement Plans Specialist team will continue to provide you with the same level of service, including one-on-one appointments and group education seminars - the only change is the address! We encourage you to stop by and see us at the new location. The service center at 441 4th Street, NW, Room 340N is still open for appointments and walk-ins with the ICMA-RC Retirement Plans Specialists.

Please Note: The office at One Judiciary Square, 441 4th Street, NW, Suite 340N, Washington, DC 20001 is still open.
How Much Monthly Income Will You Have In Retirement?
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Are you using all three pieces of you retirement puzzle?

Puzzle Piece 1: 401(a) Retirement Plan
  • After one year of creditable service, you are automatically enrolled in the 401(a) Retirement Plan and the District starts contributing money to your account.
Puzzle Piece 2: Social Security
  • The District also contributes to Social Security on your behalf.
Puzzle Piece 3: 457(b) Deferred Compensation Plan
  • The 457(b) Deferred Compensation Plan is designed to supplement your retirement savings. While your 401(a) Retirement Plan and/or Social Security may go a long way, they may not be enough. Contributing to your 457(b) plan can help you in achieving your retirement goals.
  • There is no need to wait, you can enroll in the 457(b) Plan as soon as you are hired!
  • How to enroll: Visit  www.DCRetire.com and click "Enroll in the 457(b) Plan" for details about how to enroll and how the plan works.
Budgeting Made Simpler 
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It does not have to be painful to make and stick to a budget. Creating a budget can be a powerful way to help you reduce or avoid debt and focus on financial goals. Tracking your expenses, even just for a week, can help you see easy ways to cut back on spending to find more money for the things you really care about.

You might discover, for example, that you have been spending $4 per day on coffee, $2 per day at a vending machine, and $7 twice a week on lunch. That adds up to $243 per month - or $2,916 per year - that you could devote to other things, such as paying down debt, boosting your retirement savings, or saving for vacation, a new car, or a house down payment.

Using the  Small Change Big Savings Calculator, you can see that if you set aside $243 from the example above every month for 20 years and your investments earn an average of 5 percent per year, you could have nearly $100,000 in savings. If you extend the savings period out to 30 years, that would net you nearly $200,000. Check out the calculator and adjust the rate of return to see how much your savings could grow.
Are you on Track?  

 Click here to view a video to see how you can use the Am I On Track?  Tool in Account Access to build retirement security.