FL DFS

The Florida Deferred Compensation Plan, overseen by the Florida Department of Financial Services, serves as a vital resource for government employees aiming to secure their financial futures. Designed specifically for state employees, this plan offers robust options for deferred compensation through 457b and Roth accounts, enabling contributors to save efficiently for retirement. The plan's "Plan. Save. Retire." initiative features an array of educational resources, including informational videos, quarterly performance reports, and annual publications that detail investment options and updates.

Participants can easily manage their accounts by updating beneficiary designations and contact information through the Bureau of Deferred Compensation. Additionally, the website provides access to investment providers, offering insights into current balances, fund allocations, and performance metrics. Recognized for its innovative approach, the plan received the 2022 NAGDCA Leadership Recognition Award. Committed to empowering employees financially, this platform supports them in establishing solid saving habits and planning for a comfortable retirement.