Category: DCP Retiring or Separating Employees May Keep Money With VRS February 2024 As employees retire or leave their jobs, it's important for them to make well-informed decisions about their future savings. IRS Sets 2024 Contribution Limits December 2023 The IRS increased limits for how much participants can contribute to tax-deferred savings plans for tax year 2024. How to Avoid Common Errors When Scheduling Payments for Defined Contribution Plans February 2023 Submitting contributions in a timely manner ensures funds are invested for the member’s benefit. Certified Financial Planning Services Available for Members and Retirees December 2022 VRS members have access to Certified Financial Planning services provided through MissionSquare Retirement, the third-party rec... IRS Increases Deferred Compensation Contribution Limits for 2023 December 2022 The Internal Revenue Service announced that the dollar amounts participants may contribute to tax-deferred savings plans, such ... Get Started With the Commonwealth of Virginia 457 Deferred Compensation Plan June 2022 Political subdivision and school division employers looking to ease their administrative burdens and provide employees with... Avoid Common Errors When Scheduling Payments for Defined Contribution Plans February 2021 Each pay period, employers schedule contribution payments with ICMA-RC, the third-party administrator for VRS defined contribut... VRS DCP App Makes Retirement Mobile Ready February 2021 Connecting employees with the defined contribution components of their retirement plan is easier than ever with the VRS DCP mob...