July 2020
Your Monthly News & Updates
Stay up to date on the latest Ohio DC employer news. Find information on changes at Ohio DC, new investment offerings and resources for your employees.
2nd Quarter Focus Newsletter is Available
Ohio DC's most recent issue of the Focus Newsletter is now live on our website. Keeping our participants and employers informed about the latest developments in the savings and retirement industry is one of our top priorities. Each quarter we include information in the Focus Newsletter about the most important topics for our participants, like an upcoming payment date change, fund transitions and Required Minimum Distribution (RMD) provisions. Check out the latest edition  here .
Encourage Employees to Save for Health Care
One of the first steps in retirement planning is determining what your main expenses will be. For many people, health care will be one of their most expensive budget items. The money your employees save with Ohio DC can be used for any purpose they choose, including health care. Help your employees learn more about saving for health care in retirement with the article here .
Deferred Comp-Related Articles for Your Employees 

Ohio DC can provide monthly information on financial issues for your newsletter or Intranet. This month, we'd like to give your employees some helpful information on a wide range of topics through a series of live webinars: Sign Up for Live Weekly Deferred Comp Webinars . 

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 Ohio Deferred Compensation
New Monthly Payment Date
Please note that the your former employees receiving monthly payments from their Ohio DC accounts will see those payments change from the 20th of the month to the 7th of the month. This change will be effective starting with the August 7th pay date.

Participants requesting payments from their Ohio DC account, they will need to submit withdrawal forms by the 22nd of the month, so payments can start on the 7th of the following month. For example: If a participant's forms are received by July 22nd, their payment(s) will begin on August 7th.

For participants who are currently receiving ongoing payments, no action is required. Their change in payment dates will automatically occur in August.

Participants can request withdrawal forms from the Service Center by calling 877-644-6457.