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These plans can help bridge the gap between what you have in your pension and Social Security (if applicable), and how much you will need in retirement. The available deferred compensation plans include: Three pre-tax options: 457(b) Plan – tax-deferred; 401(k) Plan – tax-deferred; Deemed Traditional IRA; Three after-tax options: Roth 457(b ...
The Kentucky Public Employees’ Deferred Compensation Authority (Kentucky Deferred Comp or KDC) is THE OFFICIAL SUPPLEMENTAL RETIREMENT SYSTEM FOR THE EMPLOYEES OF THE COMMONWEALTH OF KENTUCKY, PUBLIC EDUCATION, AND LOCAL PROGRAMS. KDC is authorized by KRS 18A.230—18A.350.
T he Kentucky deferred compensation (KDC) plan allows employees to defer a portion of their income for a later date or retirement. State employees, including public school teachers, can...
Kentucky Public Employees’ Deferred Compensation Authority (KDC) is authorized under the Kentucky Revised Statutes (18A.230 – 18A.275) to provide administration of tax-deferred supplemental retirement plans for all state, public school and university employees, and employees of local political subdivisions that have elected to participate.
paycheck and invest toward your retirement. These plans can help bridge the gap between what you have in your pension and Social Security, if applicable, and how much you will need in retirement. What we offer: Three pre-tax options • 457(b) tax-deferred • 401(k) tax-deferred • Deemed Traditional IRA Three after-tax options • Roth 457(b ...
Kentucky Deferred Compensation (KDC) provides thousands of public employees in Kentucky with the opportunity to have a more financially secure future. KDC offers the following defined contribution savings and optional features: 457(b) plan — pre-tax contributions • Roth 457(b) after-tax contribution option
Through the automatic enrollment feature, all new full-time employees hired by the Commonwealth of Kentucky Executive Branch, Administrative Ofice of the Court, and the Legislative Research Commission will be automatically enrolled in the Kentucky Deferred Compensation Plan (KDC).
