Αποτελέσματα Αναζήτησης
To enroll or make changes please contact the Plan’s recordkeeper, Empower. Changes can be made online at www.myillinoisdcplan.com or over the phone at (833) 969-4532. To schedule a meeting with your Retirement Plan Counselor please click here. To register for a webinar please click here. Additional Plan resources and documents can be found here.
The State of Illinois Deferred Compensation Plan (“Plan”) is an optional 457(b) retirement plan open to all State employees. The payroll deferrals, together with any earnings, accumulate tax-deferred until the employee terminates service, dies, or incurs unforeseeable financial hardship.
The home of your State of Illinois Deferred Compensation retirement account. Log in to check the balance of your 457 account, view your estimated monthly retirement income, and more.
The State Deferred Compensation 457 Plan (also known as the 457 Plan or Deferred Comp) is an optional investment plan available to all employees receiving compensation from the University. Participants may choose to invest pre-tax and/or Roth (after-tax) money in this Plan.
the IRS deferral limit amount in effect for that year. To determine if you are eligible, call CMS Deferred Compensation at 217-782-7006 or send an email to CMS.Ben.DefComp@illinois.gov How do I enroll in the Special 457(b) catch-up program and how I do I start contributing a lump sum?
Plans eligible under 457(b) allow employees of sponsoring organizations to defer income taxation on retirement savings into future years. Ineligible plans may trigger different tax treatment under IRC 457(f).
To enroll, make changes, add/update beneficiaries or stop contributions to the State 457 Deferred Compensation Plan (Deferred Comp) go to myillinoisdcplan.com. For questions, contact Empower at 833-969-ILDC (833-969-4532) or University Payroll & Benefits (UPB).
