Category: DCP

A woman holds a nest with eggs in both her hands. To the left is text which reads keep funds with VRS.

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.

a pair of hands holding two eggs that have retiement and nest eg written on them next to text which reading contribution limits

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.

On the left side of this image, a young woman is seated at a desk resting her chin on her hand. She is smiling at the viewer. A computer is on the desk in front of her. TO the right of her is text which reads you can reduce errors.

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.

An image of a woman wearing headphones and eyeglasses, staring at a laptop computer screen is on the left. On the right is text which reads certified financial planning webinars and consultations.

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...

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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...