Stay informed about the latest Ohio DC employer news. Find information about saving with Ohio DC, billing changes, and retirement planning for your employees.
During July we revised our schedule for when bills and change reports are created. Previously, these reports were generated and available approximately 16 days before actual pay date. We are now generating these reports 14 days before actual pay date. Bills and change reports are available to be reviewed in the Ohio Business Gateway once they are generated. Depending on your contact preferences, the reports may also be emailed or faxed to you upon their generation. Employers may adjust their preferences for receiving these reports within the Ohio Business Gateway or by emailing finance@ohiodc.org and including your employer number and preference change.
Let Your Employees Know About Their New Benefit
Improving the level of financial knowledge of all employees is part of our mission at Ohio DC, and the reason we recently launched the Enrich Financial Wellness Program. Enrich is free to all Ohio DC participants and provides personalized resources and information about financial topics including:
Budgeting
Banking
Insurance
Investing
Debt Management
And more
Learn more about the Enrich Financial Wellness Program or sign up at this link.
Ohio DC Related Info for Your Employees
Ohio DC provides monthly information on finance-related issues for your employee newsletters or Intranet. This month, we would like to provide you with a link to an article that could help your employees avoid mistakes when saving for retirement: How COVID-19 Underscores the Value of Having an Emergency Fund.
You can download articles on health care in retirement, understanding deferred compensation, fees, and more. Learn more.
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Message from the Executive Director
Christina Elliott
Executive Director
Target Date Funds Make Investing Easier
Investing money for retirement can be a difficult concept for a lot of people. Many people do not have a background in finance, or even a basic understanding of the fundamentals of investing, and can become confused or discouraged about getting started on their journey to retirement security. Target date funds take the guess work out of creating a well-diversified investment portfolio. The target date funds offered by Ohio DC are called LifePath Portfolios and they provide participants with multiple investment options close to their potential retirement date. You can send your employees to our website to learn more about LifePath Portfolios and how they can use them to save for their retirement.
Let us know if you would like to learn more about our tools and resources by visiting Ohio457.org, by callingyour local Account Executive, or scheduling an appointment by clicking on your local Account Executive's name on the Schedule a Call with an Account Executive page.
The LifePath Portfolios are designed to provide diversification and asset allocation across several types of investments and asset classes. The use of an asset allocation model does not guarantee returns or insulate you from potential losses.
