The District of Columbia Deferred Compensation Investment Account Plan is a retirement savings program designed to help employees of the District of Columbia government save for their future. This plan allows employees to contribute a portion of their pre-tax income to their investment account, which is then invested in various investment options. The District of Columbia Deferred Compensation Investment Account Plan aims to provide participants with a convenient and tax-efficient way to save for retirement. It allows employees to defer a portion of their salary, reducing their taxable income and potentially lowering their overall tax burden. There are different types of investment options available within the District of Columbia Deferred Compensation Investment Account Plan. Participants can choose from a variety of funds, including both mutual funds and target-date funds. These funds are professionally managed and diversified, aiming to provide participants with a range of risk and return profiles. Some key keywords relevant to the District of Columbia Deferred Compensation Investment Account Plan include retirement savings, pre-tax contributions, investment account, investment options, tax-efficient, diversified funds, and target-date funds.
District of Columbia Deferred Compensation Investment Account Plan
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