November 2020
Your monthly news & updates
Stay informed about the latest Ohio DC employer news. Find information about changes at Ohio DC, contribution limits and resources for your employees.
IRS Announces No Changes to Annual Contribution Limits for 2021
The IRS recently announced employee annual contribution limits will not increase in 2021. Each year, the IRS sets limits on the amount of wages employees can contribute. These limits are tied to inflation statistics, which are recalculated each fall for the following calendar year. To learn more about the IRS announcement regarding contribution limits for next year so you can provide them to your staff, visit here.
Ohio Business Gateway Browser Updates
The Ohio Business Gateway (OBG) has informed Ohio DC that OBG users should only use either the latest versions of Google Chrome or Microsoft Edge when accesssing their system. Safari users are not impacted and can continue to user their current browser version. OBG users who use other browsers after December 31, 2020 may experience features and functions that no longer work as intended.
Ohio DC Related Info for Your Employees
Ohio DC can provide monthly information on financial issues for your newsletter or Intranet. This month, we would like to provide information that might be helpful to your employees who are approaching retirement or who have already retired through our Retiree Rewards Newsletter: Rewards Newsletter. 

Download articles on health care 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
Christina Elliott
Executive Director
Be Sure to Take Advantage of Digital Resources
As we continue to work through updated business processes and work-from-home policies, Ohio DC has developed procedures to allow our participants and employers to get in touch with, and conduct virtual meetings with our local Account Executives and Retirement Planning Specialists. We want to make sure you and your employees stay safe and healthy during the current healthcare situation and conducting virtual meetings is one way we can help you do that. If you or your staff would like to schedule a meeting, visit this link and click on the name of the local Account Executive associated with your area.
 
Ohio DC is here to help make sure you have access to the best information and resources available. If you'd like to learn more about what we can do to help, visit Ohio457.org or call your local Account Executive or our Service Center at 877.644.6457 to schedule an appointment.