Ohio Deferred Comp Login

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Last Updated: May 28, 2022

LOGIN SIGNUP. Username. LOGIN. Forgot Username / Forgot Password ... Ohio DC was recently honored with the Popular Annual Financial Reporting Award.

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Ohio457.org

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FAQs

1

Can I withdraw money from my Ohio deferred comp?

You can continue to invest with the Program when you leave your public employer and throughout retirement. Under this option, you can withdraw money without penalty, regardless of your age (all withdrawals are subject to ordinary income taxes).
2

At what age can you withdraw from Ohio deferred comp?

Although pre-tax contributions will result in taxable withdrawals in the future, planning can limit the impact of those taxes, and withdrawals are not required until you reach age 72, allowing for extended tax deferral.
3

How do I get my money from deferred comp?

You can take the distribution in a lump sum or regular installments, paying tax when you receive the income. You can also arrange to withdraw some of it when you anticipate a need, such as paying for your kids' college tuition. While the IRS has few restrictions, your employer will probably have their own rules.
4

How much can you contribute to Ohio deferred comp?

At our Service Center. An Account Executive can assist you at our Columbus, Ohio, Service Center. What is the minimum and maximum contribution amount? The minimum contribution amount is $15 per pay for participants who get paid bi-weekly or twice a month, and $30 per pay if you get paid once a month.

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Date Published: May 28, 2022

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