Retirement planning should be an important part of your overall financial plan, but don't take our word for it. See what advice soon-to-be-retired state employees had for their newer coworkers in the October edition of the DC Update.
View the October DC Update
The Missouri Stable Income Fund annualized credited rate effective fourth quarter 2015 (October 1 - December 31, 2015) will remain at 2.30%.
You may think employee benefits only matter while you’re working. Fortunately for you the deferred compensation plan can be a valuable employee benefit long after you leave state employment. See what the buzz is all about in the September edition of the DC Update.
View the September DC Update
The recent market selloff has produced volatile market conditions. In unpredictable times, it's easy to lose sight of long-term investment and savings goals by taking immediate actions to protect your portfolio. But market history and common sense investing would advise against it. If you choose to take immediate action, you could negatively impact your retirement savings.
The market, by nature, fluctuates on an almost daily basis. As an investor in a retirement savings plan, review your portfolio's performance over longer periods of time to help put market volatility in perspective. Measuring performance this way will prevent you from making investment decisions based on short-term market fluctuations, and will better prepare you to meet your long-term savings goals.
For employees who were unable to pick up a cooler at Employee Recognition Day, an education specialist will personally deliver it to your agency within the next few weeks. In addition to the giveaways, participating employees were also entered into the Plan's random prize drawing. Those winners are:
- Carman Jamison - Goal-Specific Financial Plan ($175 value)
- Cindy Heislen - $15 Restaurant Gift Card
- Eric Foster - $15 Restaurant Gift Card
- Janice Wieberg - $15 Restaurant Gift Card
Congratulations to all of the winners and thanks to everyone who helped make this event a success.