Throughout the year, Google provides its employees and executives with updates about their benefits ranging from health insurance and health savings plans to retirement plans like a 401(k), deferred compensation plans, and stock options.
If you take your deferred compensation payments over a period of 10 years or more, those payments will be taxed in the state where you reside, rather than in the state in which you earned the compensation, possibly reducing your state income taxes.
One easy way to increase your retirement savings is to contribute a percentage of your income to your Deferred Compensation Plan (DCP) account. Consider saving between 7% and 10% of your salary.
You will need your Social Security Number and PIN to enroll in the Plan online. You can also enroll by completing a DCP Enrollment Form. Enrollment consists of: Selecting your deferral percentage (the amount to be deducted from each paycheck).
For more information and resources on how to enroll, visit the CalPERS 457 Plan website or call (888) 713-8244. CalPERS contracts with a third-party administrator, Voya. Visit calpers457 to review your account.
Just call 1-844-867-8197. Want to enroll now? Once you enroll, you'll receive a Welcome Letter with details about how to set up your online account, quarterly account statements and newsletters, quarterly Investment Performance Reports, website updates and more.
As always, you can speak with a Deferred Compensation Plan Customer Service Representative about the Plan and your account(s) on the phone by calling at (212) 306-7760, 9am to 5pm, Monday through Friday, except holidays.
Client Service Center Information: As always, you can speak with a Deferred Compensation Plan Customer Service Representative about the Plan and your account(s) on the phone by calling at (212) 306-7760, 9am to 5pm, Monday through Friday, except holidays.
The New York City Deferred Compensation Plan (DCP) allows eligible New York City employees a way to save for retirement through convenient payroll deductions. This plan is administered by The Office of Labor Relations (OLR).