New York State Deferred Compensation Plan Investment Options In Washington
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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.
The Plan is a supplemental retirement savings plan. New York State retirement plans will generally provide your primary retirement income. 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 Deferred Compensation Program is a supplemental retirement savings program you control. The Washington State Department of Retirement Systems (DRS) administers this 457(b) plan, which is similar to a 401(k) or 403(b) that many employers offer. Over 100,000 Washington public employees have saved with DCP.
The average annual state pension for all plans (weighted by headcount) is $21,493.
If you have received a traffic infraction, you may be eligible for a deferral. By successfully completing a deferral, the Court will not report your ticket to the Department of Licensing. Review more about deferrals: You may defer only one moving and one non-moving infraction every seven years.
The Deferred Compensation Program is a supplemental retirement savings program you control. The Washington State Department of Retirement Systems (DRS) administers this 457(b) plan, which is similar to a 401(k) or 403(b) that many employers offer. Over 100,000 Washington public employees have saved with DCP.
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!
The Deferred Prosecution program allows the Prosecutor to Defer Prosecuting your case, provided you complete treatment requirements ordered by the court, pursuant to an assessment you complete with a state certified treatment provider.
Elective deferral limit The amount you can defer (including pre-tax and Roth contributions) to all your plans (not including 457(b) plans) is $23,000 in 2024 ($22,500 in 2023; $20,500 in 2022; $19,500 in 2020 and 2021; $19,000 in 2021).
