Start Saving - Enroll Today!
Your Monroe County Deferred Compensation Plan can help you reach your financial goals. Start saving for retirement independence.
NOTE: When you enroll online, you will need to provide your plan number. If you are a full-time employee, your plan number is 306111. If you are a part-time employee, your plan number is 306112.
Get rewarded. Start benefiting from your plan.
- Retirement income supplemental to your pension and social security
- Choice of how your savings is invested (with guidance if needed)
- Save automatically from each paycheck
- Online account management
- Tax-deferred compounding of interest — save on taxes now
- Friendly, knowledgeable representatives who provide free assistance and guidance
Learn the ABC's of your plan.
Don't delay. Waiting can cost you.
The sooner you start saving, the more time you have to contribute and build earnings on your savings. Contributions and earnings can really add up over time. For example, if you contribute $50 per paycheck from age 25 until age 65, your balance is likely to be much higher than if you started saving at age 55. When you start later, you need to save even more, just to catch-up. Our Cost of Delay calculator will show you how much more you'd need to save, or how much less your account might be worth, if you delay enrolling.
Once enrolled, you can:
- Learn more about how your 457 plan works.
- Manage your account online.
- Get online investment advice.
- Discuss your retirement goals with your local plan specialists.