The IRS limits have increased for retirement savings programs like Washington’s Deferred Compensation Program (DCP). Beginning Jan. 1, 2025, you can contribute up to $23,500 per year. If you’re 50 or older, you can contribute up to $31,000 per year. These limits apply to DCP Roth and pretax contributions. That means whether you contribute to…
Tag Archives: DCP
Updates to DCP and Plan 3 Retirement Strategy Funds
A new Retirement Strategy Fund (RSF) is coming to the lineup of investment options in Plan 3 and the Deferred Compensation Program (DCP). The most recent addition – the 2070 Retirement Strategy Fund – will be available beginning Jan. 6, 2025. The newest fund is designed for those born in 2003 or later. Meanwhile, the…
DCP Roth now available
Questions about the new DCP Roth option? Start here.
DCP Roth webinars available
See the schedule for upcoming DCP Roth webinars.
Transferring investment accounts
Find out about the advantages.
Roth option coming to DCP October 2023
Retirement savings plan DCP adds a Roth option this autumn.
Understanding market volatility
See how market changes can affect your retirement.
Considering a 403(b) or 457(b) plan?
Learn more about each type of plan.
Pennies on the dollar viewpoint could increase savings
Study shows those who seeing savings as pennies on the dollar invest more…
Four temptations to resist with your savings
Focus on the long-term, rather than short-term goals.