As the recent wildfires continue to impact parts of our community, we want to take a moment to acknowledge the devastation and uncertainty many of our City of Los Angeles colleagues and Deferred Compensation Plan (DCP) participants may be facing. Our thoughts are with you, your loved ones, and your neighbors as you navigate these challenging times.
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As we wrap up 2024 and look ahead to 2025, it's the perfect time to review your financial goals and take specific actions on your Deferred Compensation Plan (DCP) account. With a few key deadlines and opportunities just around the corner, here's your end-of-year checklist to help you start 2025 on the right financial foot!
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As the sun shines brightly over Los Angeles, it's time to bask in the warmth of both the season and your financial health. Here’s a helpful checklist to help ensure you're maximizing your Deferred Compensation Plan (DCP) benefits while enjoying the sunny days.
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We’re excited to share that your DCP online experience is about to get a whole lot better. Beginning March 18, you’ll have the ability to access a complete and holistic view of your entire financial life in one private, safe place. This is made possible by technology that enables you to add external financial accounts to your DCP “dashboard”.
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Is your Deferred Compensation Plan (DCP) account ready for 2024? We have a few to tips to help you get ready for the New Year and beyond.
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We’ve introduced a new service for participants considering or enrolled in the Charles Schwab Self-Directed Brokerage Account (SDBA) option. Whether you have an existing SDBA or just opened a new account, you now have access to “single sign-on” functionality that makes it easier than ever to manage your DCP and SDBA accounts. Now you can access your SDBA directly from the DCP website without having to enter in your Charles Schwab web credentials each time.
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We take pride in providing you with personalized support through our local representatives for your financial wellness.
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Imagine living in your dream home. Getting there takes time, but it’s possible.
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Have you found yourself in this situation? You’ve changed jobs a few times and have money in your former employers’ retirement plans. What do you do with those funds?
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Saving for retirement is a lifelong challenge. Don’t wait for a perfect time in life to save – start now!
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Managing debt can be overwhelming but starting with small steps can help you reach your big goal.
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Explore the benefits of maximizing your retirement saving through the DCP when participating in a Separation Incentive Program.
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The CARES Act includes new loan and distribution provisions and also automatically suspends Required Minimum Distribution (RMD) rules for 2020.
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Important changes to the Required Minimum Distribution (RMD) rules.
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Managing yourself when the market is volatile.
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Thriving in retirement is much more than just the amount of money you save!
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How to provide for your loved ones in the event of a tragedy occurring may be the furthest thing from your mind, but the earlier you can be prepared the better. Here are five important aspects to life insurance that you need to know.
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Make the most of your upcoming pay increase.
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