Stay informed about the latest Ohio DC employer news. Find information about pay dates, financial wellness, and retirement planning for your employees.
The Employer Website Can Provide Valuable Information
The Employer website has a new look and feel to it. We updated it to provide a more modern, clean layout and updated navigation. Our participant website was the inspiration for the new look. For those whose organization recently started offering Ohio DC, the Employer site can be an excellent resource. You can check it out atOhiodc.org. If you have any trouble finding any information or resources, feel free to email us at communications@ohiodc.org.
Make Sure Your Pay Dates Are Correct
Will your organization have a pay date on or within a few days of December 31, 2021? As we approach the end of the year, please review your bill and notify us if contributions related to bills posted after December 20 will be reported on employee W-2s in a year other than the pay date year. It is vital that your pay date is correct in our records, so we can verify your employees' contributions will not exceed the annual limits. Please email us at finance@ohiodc.org if the payroll date on your bill, near year-end, needs to be corrected in our records. When contacting us, please include your employer name or employer number in the email.
Ohio DC Related Information for Your Employees
Ohio DC provides monthly information on finance-related issues for your employee newsletters or Intranet. This month, we are providing a link for your employees to remind them about our free financial wellness services: Enrich Financial Wellness Program.
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
Contribution Increases Might be Coming
Helping our participants save for a more secure retirement is our main goal and the SMarT Plan is one of the best tools for doing that. The SMarT Plan is our annual automatic increase plan. Most participants who sign up for it use January as the time when they have those increases take place. I would like to give you a heads up that a higher number of these increases might be coming so you are not surprised if you receive an unusually large January Change Report. Your employees and Ohio DC staff thank you for quickly making these changes.
If there is anything you would like to learn more about in regard to our tools, resources, or Enrich Financial Wellness Program you can visit Ohio457.org, callyour 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.
