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DCP Enrollment Guide

DCP Enrollment Guide StateDepartment of Retirement SystemsSave more with the Deferred Compensation ProgramLow cost and flexibleinvestment optionsReady to enroll?See the form on page 1 What is DCP?Calculate potential savings with the DCP savings calculator on the DRS Washington State Department of Retirement Systems (DRS) administers are automatically deducted from your paycheck, so saving is easy. Start with as little as 1% per month. You can also choose to contribute dollar Deferred Compensation Program (DCP) is a special type of savings program that helps you invest for the retirement lifestyle you want to achieve a lifestyle that might be hard to reach with just your pension and Social Security.

Online or by phone, change your contribution amount and investment selections at any time. Your changes can take up to 30 days to go into effect (depending on your employer's payroll cycle). Smart DCP offers a variety of professionally managed investment options, including target date funds that automatically rebalance the asset mix as you approach

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