2021 Year-End Reminders
This Participant Update highlights important tax and RMD information for participants receiving distributions from the plan.
View Full Update2021 Financial Wellness Survey Results
Thank you to everyone who participated in our 2021 Financial Wellness Survey. Your feedback will provide us valuable insights on how state employees are doing financially and will help us improve our outreach efforts.
View Survey Results & WinnersMissouri Stable Income Fund Rate
The Missouri Stable Income Fund annualized credited rate effective first quarter 2022 (January 1 – March 31, 2022) will be 1.85%.
Contribution Limits will Increase to $20,500 in 2022
The Internal Revenue Service announced on November 4, 2021 that the maximum annual contribution limits for 457(b) plans and the income limits for the Saver’s Credit will increase in 2022. Read the full article for more information.
Read MoreState of Missouri Deferred Compensation Plan Wins the 2021 Leadership Award
The National Association of Government Defined Contribution Administrators, Inc. (NAGDCA) awarded the State of Missouri Deferred Compensation Plan the 2021 Leadership Recognition Award for their automatic increase holiday savings campaign. The Leadership Awards recognize defined contribution plans for their outstanding achievements in participant education and communication.
Read MoreProactive Fraud Prevention
Cybersecurity and fraud threats continue to evolve and become more prevalent nowadays. Implementing effective cybersecurity measures is particularly challenging today, with more devices in use and attackers becoming more innovative. However, you can help protect yourself against threats by following a few prudent practices to strengthen security and help mitigate the risk of fraud.
Learn MoreMissouri Stable Income Fund Rate
The Missouri Stable Income Fund annualized credited rate effective fourth quarter 2021 (October 1 – December 31, 2021) will be 1.82%.
DC Updates - Summer 2021
The summer DC Updates cover topics such as the distinction between Financial Wellness and Financial Planning, and how they work together to help you build a positive and lasting relationship with your money. You'll learn about the three primary types of risk-taking investors, and get a better idea of where you stand via your risk tolerance. Plus, we'll help you prep for a meeting with one of deferred comp's financial education professionals. Watch the 2021 summer DC Updates to learn more!
View the 2021 Summer DC UpdatesTake our 2021 financial wellness questionnaire!
The past two years have been challenging to say the least and we want to know how you weathered the storm financially. Please take our short survey and let us know in what areas we can expand our education to help you improve your financial wellbeing and either achieve or maintain a comfortable retirement.
Take the surveyHoliday Update
The New York Stock Exchange and MO Deferred Comp call center will be closed on Monday, July 5, 2021, in observance of Independence Day.
Due to the holiday, transactions received via Account Access after 3:00 p.m. Central Time (CT) on Friday, July 2, 2021, will be processed as of the close of business on Tuesday, July 6, 2021. Transactions will not be processed on Monday, July 5, 2021.
Have a great holiday.
New Name, Same Record Keeper
You may have noticed a new name, MissionSquare Retirement, on your statements, secure account access, publications, and forms. In June 2021, MO Deferred Comp’s record keeper changed their name from ICMA-RC to MissionSquare Retirement. Rest assured this will not affect your retirement savings and there is nothing you need to do. If you have questions, feel free to contact the MO Deferred Comp Plan at 800-392-0925.
Missouri Stable Income Fund Rate
The Missouri Stable Income Fund annualized credited rate effective third quarter 2021 (July 1 – September 30, 2021) will be 1.80%.
DC Updates - Spring 2021
The spring DC Updates cover topics such as the effects of financial stress and tips to improve your financial health, the perks of rolling your money into the plan. Plus, you'll learn about the benefits of saving early on in your career, along with some words of wisdom from retired state of Missouri employees. Watch the 2021 spring DC Updates to learn about these topics, plus more!
View the 2021 Spring DC UpdatesHoliday Update
The New York Stock Exchange and MO Deferred Comp call center will be closed on Monday, May 31, 2021, in observance of Memorial Day.
Due to the holiday, transactions received via Account Access after 3:00 p.m. Central Time (CT) on Friday, May 28, 2021, will be processed as of the close of business on Tuesday, June 1, 2021. Transactions will not be processed on Monday, May 31, 2021.
Have a great holiday.
Missouri Stable Income Fund Rate
The Missouri Stable Income Fund annualized credited rate effective second quarter 2021 (April 1 – June 30, 2021) will be 1.94%.
2021 America Saves Week: Money Saving TipToks
During America Saves Week – February 21-27, 2021 – join the MO Deferred Comp Plan for short Money Saving TipToks. These 15-second videos will cover money-related topics, such as emergency funds, debt management, retirement income, and more. You’ll be amazed at what you can learn in such short period of time! Be sure to like, follow, and subscribe to deferred comp’s social media pages for more savings tips and tools: Facebook, Twitter, Instagram, LinkedIn, and YouTube
Learn MoreHoliday Update
HOLIDAY UPDATE: The New York Stock Exchange and MO Deferred Comp call center will be closed on Monday, February 15, 2021, in observance of Washington’s Birthday.
Due to the holiday, transactions received via Account Access after 3:00 p.m. Central Time (CT) on Friday, February 12, 2021, will be processed as of the close of business on Tuesday, February 16, 2021. Transactions will not be processed on Monday, February 15, 2021.
Have a great holiday.