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The auto increase feature is now available within Account Access. This optional tool allows you to schedule annual contribution increases, so your deferrals keep pace with your career.
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State of Missouri Deferred Compensation Plan Awarded “2013 Plan Sponsor of the Year”
JEFFERSON CITY, MO – The State of Missouri Deferred Compensation Plan was named the “Plan Sponsor of the Year” for 2013 by PLANSPONSOR magazine, the industry’s leading resource for retirement-benefits related news. Each year, the editors of the magazine recognize plan sponsors that demonstrate leadership in providing a more secure retirement for workers. The State of Missouri Deferred Compensation Plan, administered by the Missouri State Employees’ Retirement System (MOSERS), was chosen best in class in the public defined contribution category.
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The ING Stable Income Fund annualized credited rate effective second quarter 2013 (April 1 - June 30, 2013) is 2.25%.
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February 25-March 2, 2013, was America Saves Week, a national campaign that encourages individuals and families to save money and build personal wealth. One of the chief messages of this year's initiative was: "Set a goal. Make a plan. Save automatically." To that end, the State of Missouri Deferred Compensation Plan is an excellent solution to help you achieve retirement savings goals with automatic payroll deductions. Simply click the Enrollment button to the right to register and establish the savings amount you want deducted from each paycheck.
If you're not sure how much to save with the Plan to reach your retirement goals, be sure to try out our RetiremenTrack calculator for a comprehensive retirement analysis that takes into consideration your future pension and social security benefits along with contributions to the deferred compensation plan.
Join the America Saves movement by enrolling in the plan or logging on and adjusting your contributions today.