Find out the advantages





NRSM 2023 [ [link removed] ]










DCP customers now have a Roth option

If you?ve been a public employee for a few years now, you?ve probably been contributing to a DCP account and may have quite a balance saved up.

DCP now has a Roth option, and new and existing DCP customers can contribute to either or both.

*Advantages of Roth* Your taxes might be higher in retirement because you?ll no longer have tax deductions for dependents or mortgage interest. For this reason, you might choose the DCP Roth option. When it comes time to retire, you can take money out tax-free from your DCP Roth.?

*Advantages of pretax* However, you may appreciate the tax advantages you?re receiving with DCP pretax. The pretax money in your DCP account can be used to buy an annuity when you retire. For that reason, you may want to contribute to DCP pretax.

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*Find out more about your Roth options:*

Mid-career? Attend a Q&A this Wednesday, Oct. 11, for mid-career customers. Over 50? Attend a Q&A next Wednesday, Oct. 18, for those who are near retirement.

See the Q&A schedule [ [link removed] ]

No matter which option you choose, know that saving consistently with DCP is a great way to set yourself up for a successful retirement.

*Savings options for your age* [ [link removed] ]


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