Deferred Comp Nyc Sign In In Utah
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To be eligible for this deduction, you must be at least age 59½ and the distributions must be in the form of periodic payments (non-lump sum payments).
The Deferred Compensation Plan has come to your phone! The NYC Deferred Compensation Plan has launched a new mobile web application (“mobile web app”) designed to provide you with easy access to your NYC Deferred Compensation and NYCE IRA account information - even when you're on-the-go!
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.
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 most people, deferred compensation is a good way to use your income earning years as a direct means to supplement your pension and Social Security benefits when you retire and build a bright financial future.
The Plan differs from other defined contribution retirement plans (like a 401(k) or 403(b)), because it is designed and managed with public employees in mind. The New York State Deferred Compensation Board establishes and administers the Plan policies.
The Deferred Compensation “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement age, increases from $23,000.00 to $23,500, for a combined maximum contribution of $47,000 for calendar year 2025.
