Holiday Update
The New York Stock Exchange and MO Deferred Comp call center will be closed on Thursday, November 23rd, and will close early at 12:00 p.m. Central Time (CT) on Friday, November 24th, in observance of Thanksgiving. The local Jefferson City office will be closed on Thursday, November 23rd and Friday, November 24th. Transactions received after 3:00 p.m. CT on Wednesday, November 22nd, will be processed as of the close of business on Friday, November 24th.
Have a great holiday!
IRS Increases Contribution Limit to $23,000 for 2024
The Internal Revenue Service announced that the employee contribution limit for 457(b) plans – like the MO Deferred Comp Plan – will increase to $23,000 in 2024, up from $22,500 in 2023. The catch-up contribution limit for employees aged 50 will remain at $7,500 for 2024.
Read More2023 National Retirement Security Month
Security, we use it every single day and in more ways than we are probably even aware. During National Retirement Security Month in October, we are focusing on one thing, retirement security. We’ll show you some safe cyber security practices, plus you’ll learn a few savings tips throughout the campaign to help prepare you for the future.
Learn MoreDC Update - Financial Self-Care
Treat yourself and make saving more for retirement part of your self-care routine. This DC Update explains how you can show yourself some financial self-care.
Watch the DC UpdateDC Update - RMDs: The Basics
What exactly are required minimum distributions (RMDs)? Learn the basics of RMDs including what they are, the requirements, calculating your RMD, and the various withdraw options available to you in this DC Update.
Watch the DC UpdateMissouri Stable Income Fund Rate
The Missouri Stable Income Fund annualized credited rate effective fourth quarter 2023 (October 1 – December 31, 2023) will be 2.49%.
Take our 2023 financial wellness questionnaire!
The MO Deferred Comp Plan is working hard to ensure we are meeting your retirement savings needs. Help us better serve you by providing valuable feedback in our short survey!
Take the surveyDC Update - Saving Through the Chaos
Sometimes life can be a struggle, but don’t let the chaos keep you from saving for retirement. Learn why saving now rather than later can help you save more in the long run in this DC Update.
Watch the DC UpdateDC Update - Realistic Return Expectations
In baseball, or softball, you can have a few bad games and still have a winning season. The same goes for investing. In the following DC Update, learn what rate of return you should be swinging for when it comes to your investments, and how you can still come out on top even if you have a few underperforming years.
Watch the DC UpdateDC Update - Common Participant Question - "What happens to my account if I pass away?"
Have you ever asked yourself what would happen to your MO Deferred Comp account if you pass away? In this DC Update, learn about the importance of establishing and reviewing your beneficiary designation(s), plus what could happen to your account if you neglect to name a beneficiary.
Watch the DC UpdateHoliday Update
The New York Stock Exchange and MO Deferred Comp call center will close at 1:00 pm Central Time (CT) on Monday, July 3, 2023, and will be closed on Tuesday, July 4th, 2023 in observance of Independence Day. Transactions received via Account Access after 1:00 pm CT on Monday, July 3rd, 2023 will be processed as of the close of business on Wednesday, July 5th, 2023. Transactions will not be processed on Tuesday July, 4th, 2023.
Have a great holiday!
Missouri Stable Income Fund Rate
The Missouri Stable Income Fund annualized credited rate effective third quarter 2023 (July 1 – September 30, 2023) will be 2.45%.
Holiday Update
The New York Stock Exchange and MO Deferred Comp call center will be closed Monday, May 29, 2023 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 26, will be processed as of the close of business on Tuesday, May 30. Transactions will not be processed on Monday, May 29.
Have a great holiday!
Holiday Update
The New York Stock Exchange and MO Deferred Comp call center will be closed Friday, April 7, 2023 in observance of Good Friday. Due to the holiday, transactions received via Account Access after 3:00 p.m. Central Time (CT) on Thursday, April 6, will be processed as of the close of business on Monday, April 10. Transactions will not be processed on Friday, April 7.
Have a great holiday!
DC Update - Feeling Derailed? 5 Tips to Get Back on Track
Sometimes our retirement savings can get derailed over time and we start to notice that our goal is not being met. This DC Update will provide you with some motivation and tips to help get you back on track.
Watch the DC UpdateDC Update - Setting Up Your User ID
Did you know that by not setting up your online MO Deferred Comp account, you could be vulnerable to scammers? Scary, right? Watch the following DC Update to learn about the importance of setting up your online account.
Watch the DC UpdateDC Update - What does saving an additional 1% look like?
It may be tempting to spend your pay raise and then forget to save part of it. By contributing just a portion of that raise to your MO Deferred Comp account, you could make a big impact on your future retirement savings. Watch this DC Update to learn more.
Watch the DC UpdateMissouri Stable Income Fund Rate
The Missouri Stable Income Fund annualized credited rate effective second quarter 2023 (April 1 – June 30, 2023) will be 2.40%.
Find Your Savings Confidence
Join us for America Saves Week to learn how you can find your savings confidence by doing just a few simple tasks and preparing yourself for retirement.
Learn more about America Saves WeekWelcome Kate Kuse!
Kate is the newest addition to the MO Deferred Comp team. She will be serving as the new financial education professional for the northeast and east central portion of the state along with several agencies within Cole County.
Learn more about KateHoliday Update
The New York Stock Exchange and MO Deferred Comp call center will be closed on Monday, January 16th, 2023, in observance of Martin Luther King, Jr. Day. Due to the holiday, transactions received via Account Access after 3:00 p.m. (CT) on Friday, January 13th, 2023, will be processed as of the close of business on Tuesday, January 17th, 2023. Transactions will not be processed on Monday, January 16th.
Have a great holiday!
2022 Year-End Reminders
See important tax and RMD information for participants who received distributions from the plan in this Participant Update.
View Full UpdateSecure 2.0 Intends to Revamp Retirement Savings: Here’s how it affects you and the MO Deferred Comp Plan
The Secure 2.0 Act was designed to help Americans save more for retirement, so what exactly does that mean for you? In this short article, we highlight a few provisions that will affect both you and the MO Deferred Comp Plan in 2023 and 2024.
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