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This document is a Request for Proposals (RFP) issued by the Ohio Deferred Compensation Program for printing and fulfillment services for annual statements.
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How to fill out ohio deferred compensation request

How to fill out OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS
01
Obtain the OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS form from the official website or your HR department.
02
Carefully read through the instructions provided with the form to understand the requirements.
03
Fill in the required personal information, including your name, contact details, and employee identification number.
04
Specify the type of services you are requesting proposals for and detail any specific needs or preferences you have.
05
Include the deadline for submission of proposals to ensure timely responses.
06
Review your completed form for accuracy and completeness before submission.
07
Submit the form as per the given instructions, either electronically or by mailing it to the designated address.
Who needs OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS?
01
Employees of the state of Ohio who are enrolled in the deferred compensation program and require annual statements.
02
HR departments or personnel involved in managing employee benefits and compensation.
03
Financial planners or consultants assisting employees in understanding their deferred compensation options.
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How to pull money from Ohio deferred comp?
To request a withdrawal online, please log in to your account, select "Withdrawals," and select the NEW WITHDRAWAL button. Please call the Service Center at 877-644-6457 for a more customized withdrawal approach including multiple payment requests, and withdrawals that exceed the maximums described above.
How much is the deferred comp fee in Ohio?
Ohio DC collects an administrative fee from participants in the amount of 0.14% of the total account balance across all accounts.
How does Ohio deferred compensation work?
It's easy, tax deferred and flexible. Contributions are payroll deducted prior to federal and state tax withholding, and the contributions can be changed throughout the year. Your money is available when you separate from your employer. There is NO penalty for withdrawals prior to age 591/2.
Is Ohio deferred comp worth it?
Bottom Line. The Ohio Deferred Compensation program offers a flexible and tax-advantaged way for state and local government employees to supplement their retirement savings. With options for both pre-tax and Roth contributions, participants can tailor their approach to suit their financial goals and tax preferences.
Is Ohio deferred comp a 401k plan?
Ohio Deferred Comp (ODC) is a 457b voluntary contribution retirement plan. This plan is only available for Ohio public employees. It looks and operates much like a 401k plan in the private sector.
Is Ohio deferred compensation good?
A: Ohio Deferred Compensation (Ohio DC) is a smart business choice for Ohio public employers and supports a strong employee benefit package. Ohio DC offers best-in-class service and satisfaction among employers and participants.
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What is OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS?
The OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS is a solicitation document issued by the Ohio Public Employees Deferred Compensation Program that invites vendors to submit proposals for providing annual statements for plan participants.
Who is required to file OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS?
Organizations or vendors that provide services related to the administration of deferred compensation plans are typically required to file the proposal.
How to fill out OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS?
To fill out the proposal, vendors must provide detailed information about their qualifications, proposed services, pricing, and compliance with the specifications outlined in the RFP document provided by the Ohio Deferred Compensation Program.
What is the purpose of OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS?
The purpose is to standardize the process of obtaining competitive proposals for the preparation and delivery of annual statements for participants in the deferred compensation plan, ensuring transparency and cost-effectiveness.
What information must be reported on OHIO DEFERRED COMPENSATION REQUEST FOR PROPOSALS FOR ANNUAL STATEMENTS?
Proposals must include details such as the vendor's experience, capacity to handle the annual statements, methodology, technology used, timeline for delivery, and pricing structure.
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