The Missouri Stable Income Fund annualized credited rate effective third quarter 2015 (July 1 - September 30, 2015) is 2.30%.
Employee Recognition Day is only a week away. Have you been taking part in the Retirement IQ Scavenger Hunt? The June DC Update catches up with some familiar faces who explain how you can get involved in the fun and put the deferred compensation plan to work for you this summer.
View the June 2015 DC UpdateThe Plan’s record keeper, ICMA-RC, will be performing required system maintenance from 5 p.m. CT on Saturday, May 23 to 11 p.m. CT on Sunday, May 24, 2015. As a result, Account Access will not be available during this time frame. This outage will not impact the availability of www.modeferredcomp.org.
Additionally, the New York Stock Exchange will be closed on Monday, May 25 in observance of Memorial Day.
Due to the holiday, transactions received via Account Access after 3:00 p.m. Central Time (CT) on Friday, May 22, will be processed as of the close of business on Tuesday, May 26.
Participant service representatives will be available to assist you from 7:30 a.m. to 8:00 p.m. CT on Friday, May 22, and the call center will reopen at 7:30 a.m. CT on Tuesday, May 26.
Have a great holiday.
In celebration of State Employee Recognition Week, MOSERS and the State of Missouri Deferred Compensation Plan teamed up to host the Retirement IQ Scavenger Hunt. Beginning on May 20, this three-week-long, online scavenger hunt tested state employee knowledge of important retirement benefits. Employees who completed the scavenger hunt won an insulated cooler and were entered in the deferred compensation plan's State Employee Recognition Day prize drawing.
This month's DC Update introduces an exciting Employee Recognition Week contest and addresses the question every employee has had at one time: "What is the deferred compensation plan?".
View the May 2015 DC UpdateYou work hard for your money, so you shouldn't hand it over to just any financial professional. Unfortunately, choosing the right financial professional can be a confusing and difficult decision. What are a prospective financial professional's credentials? What standard of care does the professional follow? How does he or she charge for services? How will your money be invested? These are all important questions, but often times it's not easy translating the answer.
This month, in an effort to provide guidance on working with financial professionals, the deferred compensation plan launched special editions of both its DC Update and Simply Put newsletter. Both are chocked full of indispensable information for retirement savers of all ages.
Read MoreThis special edition of the DC Update examines the sometimes-confusing world of financial professionals. While the right professional can be an asset, not all of them are created equal. This month's update highlights the different types of financial professionals, outlines some very important questions every saver should ask, and provides additional resources for making educated financial decisions.
View the April 2015 DC UpdateThe New York Stock Exchange will be closed on Friday, April 3, 2015 in observance of Good Friday. Due to the holiday, transactions submitted via Account Access after 3:00 p.m. Central time (CT) on Thursday, April 2, will be processed as of the close of business on Monday, April 6. The Plan's call center will reopen at 7:30 a.m. CT on Monday, April 6.
In an effort to maintain participant security, Account Access, the Plan's online account portal, will no longer support the Internet Explorer 7 or 8 web browsers. Plan participants accessing their accounts using either of these outdated browsers will receive an error message. Web browser updates typically include security enhancements that can help protect website visitors from known viruses or other types of fraudulent activity. While browser updates won't eliminate all security risks, updating your web browser when prompted will also ensure that websites continue to function properly on your system.
Next steps: Find out which version of internet explorer you are using, or upgrade to the latest edition of Internet Explorer.
Have you received solicitations from financial advisors claiming an association with the deferred compensation plan? This month's DC Update addresses that issue and explores security measures you can take in light of recent tax fraud. Plus, a basic comparison of the deferred compensation plan to individual retirement accounts, or IRAs.
VIEW THE March 2015 DC UPDATEThe Missouri Stable Income Fund annualized credited rate effective second quarter 2015 (April 1 - June 30, 2015) is 2.30%.
America Saves Week is a national event coordinated by America Saves and the American Savings Education Council. This week-long celebration encourages Americans to assess their personal savings situation and make positive changes to both short- and long-term savings habits. To celebrate this important event, the State of Missouri Deferred Compensation Plan is proud to bring you "Savings Unleashed".
VIEW 2015 America Saves VideosThings are getting hot this February as we celebrate America Saves Week. Also in this edition, learn why you should take advantage of the saver's credit and discover a unique savings option for state employees retiring or leaving state service. This and more in the February edition of the DC Update, shot on location this month at Northwest Missouri State University in Maryville.
VIEW THE February 2015 DC UPDATEState of Missouri employees are unique because they have access to a number of valuable employee benefits that can help in a variety of ways along their financial journey. The problem is it's not always easy making sense of those benefits and understanding how they fit together in the big picture. Beginning next month, the deferred compensation plan will offer a financial presentation that will help employees navigate these important financial topics.
Learn moreNew year's resolutions shouldn't be back-breaking work. The January DC Update explores alternatives like automatic contributions to the deferred compensation plan. Also in this edition, news about an exciting training opportunity beginning next month, a reminder about 4th quarter statements, and the latest on 1099-R tax forms.
VIEW THE January 2015 DC UPDATE