Deferred Compensation

Deferred Compensation Program



Employees have the option to participate in a choice of IRS 457 deferred compensation plans. Deferred compensation is a program that allows you to invest today for your retirement.

Some benefits of an employer 457 deferred compensation plan are:
  • Reducing your current income taxes, while investing for retirement
  • Earnings accumulate tax-deferred
  • Convenient payroll deductions
  • It's portable if you change jobs
  • There is no penalty for early withdrawals if you leave service or retire
Accessing your

Nationwide

Deferred Compensation Plan

3 ways to to access your account with the deferred compensation provider.

Employees can enroll, make contribution changes, update address/phone/name information, and change beneficiary information online, over the phone, or directly with your retirement specialist.
Online Toll Free Plan Representative
Nationwide Pierce County
1-844-547-8405 Contact your local plan representative to ask a question or schedule a meeting
Account access online
1. Go to Nationwide Pierce County site

2. Select Sign Up for an Online Account.
For security reasons, never share your Web password or PIN with any other person.

1. Enter your Social Security Number.

2. Use your date of birth for your initial Personal Identification Number (PIN); for example, if your birthday is Feb. 15, 1972, your PIN is 02151972.

3. Create a new four-digit PIN at the next prompt, this is your PIN you will use in the future
Mike Ferguson
509-385-7825
Fergusm9@nationwide.com

          
To make an appointment at the CCB or Annex, go to the online scheduler to see the next available time.

Maximum Contribution Rates

 Age 2009-2011 2012 2013 & 2014 2015 -2017
Under 50 $16,500 $17,000 $17,500 $18,000
50 and over $22,000 $22,500 $23,000
$24,000

Hardship Withdrawal



To apply for a hardship withdrawal you will need to complete the Nationwide Hardship Withdrawl Application return the completed forms along with copies of any documentation which supports the reason and amount for the request to Nationwide Retirement Solutions.