Category: Deferred Compensation Plan

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IRS Increases 2025 Limits for Tax-Deferred Saving

December 2024

The annual limit applies to hybrid voluntary contributions, other 457 plans and after-tax and pretax Roth contributions.

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Four Tools to Help Employees ‘Save the Raise’ This Summer

July 2024

Many employees will see a bump in pay this summer. Saving part of their raises now can mean having more cash in retirement.

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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.

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Announcements

November 2023

Line of Duty Act Training; Defined Contribution Plans Corrections; Employer Training

a hand holding up a roll of cash next to text that says save the raise

How to Boost Retirement Income? Encourage Employees to Save the Raise

July 2023

Many employees will see a bump in pay this summer. Saving part of their raises now can mean having more cash in retirement.

An image of three golden eggs in a nest. To the right of the eggs is text which reads add more to your nest egg.

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 ...

Commonwealth of Virginia 457 Deferred Compensation Plan Banner Image

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...