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The 403(b) plan is a salary reduction plan for which contributions and investment earnings grow tax-deferred until you withdraw funds (at which time they are taxed as ordinary income). Because your contributions to these plans are made on a pre-tax basis, contributions lower your taxable income and increase your retirement savings while you are working. Your pre-tax contributions are completed via payroll deduction. You can manage your account via the ^® online portal.

Employees considering contributing to a 403(b) plan are encouraged to evaluate each vendor's information, annual reports, fee disclosures, and objectives to determine what they have to offer. You may also consult with a financial expert if you feel the need.

Investment options are selected and monitored by the ¾Ã¾ÃÈÈÊÓƵ Retirement Advisory Committee and CAPTRUST, its independent investment consultant.

The Ohio Deferred Compensation (ODC) 457 retirement plan is available for all Ohio public employees and is one of the largest 457(b) plans in the country.

The Program is unique in that it is a public, non-profit organization created by Ohio legislation. Investment options are selected and monitored by a 13-member Board, composed of public employees, retirees, and appointed investment experts, which governs the Program as required by Ohio Revised Code Chapter 148. External managers professionally manage ODC’s investment options. The Board and its independent investment consultant select and monitor investment options.

You can manage your pre-tax account by calling Tom Bugher at 513-829-6499, going online to , or calling the ODC office at 877-644-6457 for plan enrollment and changes.

The Roth 403(b)  is a salary reduction plan to which contributions are made on a  post-tax basis. Although these accounts do not affect your taxable income while working, the earnings you withdraw at retirement are tax-free.

Employees considering contributing to a Roth plan are encouraged to evaluate each vendor's information, annual reports, fee disclosures, and objectives to determine what they have to offer. You may also consult with a financial expert if you feel the need. You can manage your account via the  ^® online portal.

Investment options are selected and monitored by the ¾Ã¾ÃÈÈÊÓƵ Retirement Advisory Plan Committee and CAPTRUST, its independent investment consultant.

New in 2023, Ohio Deferred Compensation offers a option. The Roth 457 is a salary reduction plan to which contributions are made on a  post-tax basis. Although these accounts do not affect your taxable income while working, the earnings you withdraw at retirement are tax-free.

You can manage your post-tax account by calling Tom Bugher at 513-829-6499, going online to , or calling the ODC office at 877-644-6457.

Use these guides and your vendor advisor to help you make your investment elections:

• Comparison of Plan Providers

¾Ã¾ÃÈÈÊÓƵ has approved the following vendors to offer Supplemental Retirement Plans. Select the company name for contact information.

Equitable (formerly AXA)

Carol Rodgers-Rivir: 859-630-2226, Carol.rodgers@equitable.com

To Schedule an Appointment with Carol:
(please allow at least a 4-hour window before your appointment)

Website:

TIAA

Connor Louis

Financial Consultant | Retirement Solutions

TIAA:

Office: 513.263.2816

Connor.Louis@tiaa.org

Corebridge Financial (formally AIG Retirement Services)

Luke Scott, Financial Advisor (614) 436-4551 (office), 614-395-7742 (cell)

Website:

Voya Financial Advisors

Matt Carter: (937) 353-5480, (800) 451-4702 x4025480, Matthew.carter@voyafa.com

To Schedule an Appointment with Matt:

Derek Stiles: (937) 353-5472, (800) 451-4702 x4025472, derek.stiles@voyafa.com

Jeff Rankin, CFS: (937) 353-5492, (800) 451-4702 x4025492, JeffreyRankin@voyafa.com

Website:

Ohio Deferred Compensation (457 Plan)

Tom Bugher, CRC, ChFC, (513) 829-6499, (877) 644-6457 (main office)

A loan cannot be made from any other account under a Plan (such as an employer contribution account), but such accounts are considered for purposes of calculating the maximum amount of the loan.

The maximum amount that a participant may borrow from a Plan is the lesser of:

1. 50% of your vested account under the Plan, or
2. $50,000 reduced by the  greater of:
   1. the highest outstanding aggregate loan balance for the Plan during the one-year period ending the day before the loan is approved (not taking into account any payments made during this one-year period); and
   2. the outstanding aggregate loan balance from the Plan on the day the loan is made.

A vendor's investment contracts may provide further restrictions on the amount you may borrow under the Plan.

The 403(b) and ARP Plan are aggregated for purposes of these rules. A loan under the ARP is treated as if it were a loan under the 403(b) Plan, and vice versa, and the vested account under the ARP is treated as if it were a vested account under the 403(b) Plan, and vice versa. Notwithstanding, a participant is not eligible for a loan amount that would exceed the loan amount available under each Plan on its own.