Your DCP Summer Checklist is here! Update your e-delivery preferences and more...

With summer in full swing, spending time with family and friends is keeping us all very busy. But, as we enjoy the sunny LA weather, it’s also important to make sure your DCP account is given a proper tune-up. In fact, five minutes is all it takes to make sure your DCP account is up-to-date and optimized to meet your retirement goals. Here’s your five-minute DCP Summer Checklist:

Confirm your e-delivery preferences.

On August 12, 2022 we’ll be expanding e-delivery services for account statements and documents. If you have a valid email address on file but have not elected paper-based services, you will be defaulted into e-delivery. This means any communications from the DCP will be sent to the email address on file.

To update your email address or elect paper-based delivery, login to your DCP account at LA457.com, click on your name and select “Communication Preferences”. Or, just give us a call at 844-523-2457.

Review and update your contribution amount. 

When was the last time you reviewed the amount you're saving in the DCP? If it's been more than a year, you may want to take a moment to review, increase your contribution amount, or switch from a flat-dollar amount to a percentage of pay. Even a small increase of 1% can have a big impact on your retirement readiness. You can find the current contribution limits and guidance on how to change your contributions by visiting LA457.com/contributions.

Ensure your beneficiaries are up-to-date.

Protect your DCP account and your loved ones by ensuring the beneficiaries you have on file are current. To review or update your beneficiaries, visit LA457.com/beneficiaries-active.

Now that your DCP summer checklist is complete, we wish you a healthy and happy summer ahead!