Stay informed about the latest Ohio DC employer news. Find information about changes at Ohio DC, retirement resources, and Local Account Executives, for your employees.
Do You Offer the Roth 457 Option to Your Participants?
Would you like to offer the Roth 457 Option to your employees? Our Roth Option is an opportunity for your employees to save post-tax dollars for their retirement, which they can withdraw tax-free once certain conditions are met. To learn more about the Roth 457 Option and how it can benefit your employees, visit our Employer website.
Changes to Contribution Amounts
Ohio DC has seen an increase in the number of employers changing contribution amounts for their employees without following the billing report. We use the billing report partially for your convenience, but primarily to ensure the Plan follows IRS guidelines for contribution changes. Making changes to the amount on the billing report may result in a delay of investment for all your employees or contributions being sent back to you. If you have any questions about billing, please email finance@ohiodc.org.
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 your employees with information about the Ohio DC Stable Value Option, Staying Healthy in Retirement, and Retirement Finances: Rewards Newsletter.
Download articles on health care in retirement, understanding 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
Local Account Executives are Available to Help
In times of uncertainty, it can be nice to see a familiar face when discussing your Ohio DC account. Although we are not currently meeting with participants at your place of employment, we are offering telephone or virtual visits with local Account Executives. Your local Account Executive can help participants:
Review investment options
Evaluate tolerance for risk
Answer questions about retirement and post-employment withdrawals
Demonstrate online tools and calculators
Understand the difference between pre-tax or post-tax (Roth) contributions, if you offer it as their employer
Update address, email, or beneficiaries
Ohio DC is here to help you encourage your staff to save for retirement. Let us know if you would like to learn more about what we offer by visiting Ohio457.org, by callingyour local Account Executive, or schedule an appointment by clicking on your local Account Executive's name on the map.
